Articles and insight

Keep up to speed on articles and insights from the Plain Numbers team.

James Turner James Turner

The Year In Review

As we wrap up our second year, we wanted to take the opportunity to look back on some of the key highlights that have made 2022 a standout success for Plain Numbers.

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Ben Perkins Ben Perkins

How Plain Numbers is helping Direct Line Group with customer comprehension ahead of A New Consumer Duty

While it’s focussed on numbers, the Plain Numbers methodology goes far beyond just that.

It teaches you a different way of approaching the content and design of all your communications, and gives you the skills to make sure every customer can understand everything that matters to them.

And with the new Consumer Duty rules, that’s more important than ever.

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Ben Perkins Ben Perkins

New FCA Consumer Duty calls on firms to take poor numeracy into account in their communications

The Financial Conduct Authority (FCA) has published guidance to enable firms to comply with new Consumer Duty rules. These new rules set higher expectations for the standard of care firms give consumers by requiring firms to “act to deliver good outcomes for retail customers”.

We are pleased to see that the FCA cited Plain Numbers as an example of a way to do this.

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Ben Perkins Ben Perkins

Celebrating one year since the launch of Plain Numbers

Plain Numbers launched on July 1st 2021 with an event at the Bank of England, which showcased our initial trials research. Plan Numbers has grown into a dynamic and innovative organisation in the year since then.

We’re here to enable firms across all sectors to communicate numbers and data clearly and fairly and thereby support their customers to make informed decisions – and we are delighted to have made a such a strong start in our first year working towards this mission.

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Ben Perkins Ben Perkins

The cost of living crisis: making consumer communications even more important.

With very high inflation and many people struggling to meet the cost of living, it’s more important than ever that people feel able to make informed decisions with their money. Those decisions will now come with an extra layer of anxiety and stress for many who are trying to make ends meet.

A Plain Numbers Approach is vital for allowing consumers to make decisions that work best for them.

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Ben Perkins Ben Perkins

Plain Numbers join the debate on a New Consumer Duty at BSA Conference

We were delighted to join this years Building Societies Association Annual Conference in Liverpool on May 5th for a panel discussion on a New Consumer Duty.

Ben Perkins our Head of Operations joined the panel to give insights to members on how they can meet their obligations around communications and consumer comprehension.

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Ben Perkins Ben Perkins

How the Bank of England uses layered communication to improve comprehension

We are pleased to support Plain Numbers and we have been a partner since the campaign was launched in December 2020. It’s important for organisations to communicate numerical information as clearly and accessibly as they can. It allows people to make more informed choices and to participate confidently in the wider economy.

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Mike Ellicock Mike Ellicock

Phase 1 Project Report. Now Published

New research released at the Bank of England today reveals that adopting a ‘Plain Numbers Approach’ doubled the number of people who understood customer information

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