Covers a range of topics relating to mortgages and the wider housing market.
Covers issues relating to savings accounts and payments.
Covers developments in conduct of business regulation
Covers issues relating to the corporate governance and constitution of building societies.
People related matters such as talent development, apprenticeships and diversity.
Internal and external accounting assurance and matters relating to tax.
The regulation and supervision of firms to ensure their safety and soundness under the remit of the Prudential Regulation Authority.
A new legal aid scheme to support borrowers at risk of repossession (member only content).
A wide range of statistics relating to the UK mortgage and housing markets.
Research, analysis and guidance about our members and the issues that affect them.
Retail savings data including net receipts and deposits, ISAs and interest rates.
Operational and financial information about building societies. Includes AGM & financial results and remuneration details.
Submission and publication deadlines for BSA data and reports.
Bank Rate cut to 4.75% but pace of rate cuts expected to moderate in wake of Budget
News and views on topical issues from the BSA and guests.
View our latest press releases and comment here.
The BSA's quarterly magazine covers whats happening in the world of building societies, credit unions and the wider financial services sector.
A quarterly survey that assesses consumer sentiment regarding the UK property market.
View biographies and download photos of the BSA's key spokespeople
BSA speeches from events and seminars
View the latest webinars, training and other events open to members, associates and other stakeholders
View our latest BSA Annual Conference and comment here.
View our latest Past events & summaries and comment here.
Learn how to promote your event to the BSA's membership.
Employment Rights Bill Webinar (18th November 2024)
Find factsheets on mortgages, savings and the building society sector.
Track building societies that no longer exists and get a link to its successor's website.
Find mortgage instructions and specific requirements setting out individual building society policies.
The UK Savings Week campaign aims to get people engaged in saving.
Toolkits to develop Workplace Savings are available here.
Here you can find our publications, responses to consultation documents, mortgage instructions, statistics and sector job vacancies.
Find out more about the BSA and the sector.
Contact details for each of our 49 members.
Our Associate members include a wide range of companies from insurers, banks, accountants, solicitors, and other business suppliers to BSA members.
The National Credit Union Forum (NCUF) is the Credit Union Committee of the BSA.
View biographies and download photos of our key spokespeople
Vacancies for senior management, executive and other positions at the BSA and its member organisations
Find out the wide range of benefits of joining the BSA as an associate member.
The Building Societies Association is the voice of the UK's building societies.
First published in Society Matters magazine, by Lucy Traynor, Director, Deloitte.
What does "purpose" mean? We define purpose as "an organisation's explicit drive to create value beyond profit, specifically for our planet and the people on it".
To break this definition down, we believe it is important for every organisation to have a clear articulation of its purpose, one that is easy to understand, not generic or fluffy, and that is clearly linked to the business itself - this is the "explicit drive". We also believe that purpose should drive "value beyond profit" - meaning that purpose should drive value for the business - such as increased market share or improved attraction and retention of diverse talent but also drive value for our planet and society, such as reduction in waste and carbon emissions, and greater inclusivity of products and services. Therefore, we expect there to be a strong link between an organisation's purpose and specific sustainability goals.
When it comes to social and environmental impact, customers, employees and investors all expect more than they did 10 years ago, and this is a trend we expect to see continue. Increasingly, people choose to buy from, work for, and invest in organisations that fit with their personal values. Employees and customers increasingly use the power of social media to call out organisations that fail to meet their expectations.
When embedded holistically across the core business, purpose can drive financial value as well as social and environmental value. However, many organisations still think about purpose as separate from the core business, similar to the way many approached "corporate social responsibility" (CSR) in the late 1990s and early 2000s. Tackling this misconception about purpose often requires a significant mindset shift.
Most organisations these days have a purpose statement; but fewer than half have actually embedded that purpose into their core business, meaning for many organisations, purpose has been reduced to a 'tick box' activity that isn't driving value, and may risk a negative response from stakeholders and brand-damaging allegations of "purpose-washing".
From interviewing organisations across different sectors, we learned that many struggle with embedding purpose. Key challenges we heard included: that the purpose itself was not tangible enough to be embedded; that the business was not sure how to measure purpose; and that senior leaders saw purpose as something separate from, rather than fundamental to, the core business.
We have learned that purpose only delivers value when it is embedded into the core business, with both an internal and external perspective. Having developed an approach to support organisations with this challenge, we've learned that there are six dimensions of a business in which it is crucial to embed purpose:
The optimal approach to embedding purpose involved first assessing the extent to which purpose is found in these six areas today, to establish a baseline and identify the business areas which need the greatest attention. The organisation then needs to develop an action plan and define how it will measure the impact of purpose activation in terms of value creation for the business, the planet and society.
For more information contact Lucy Traynor
This webinar will cover a summary of the Employment Rights Bill, with a focus on the proposed changes that will affect Building Societies in particula...
The BSA strongly supports the principle of charging a fee to CMCs.
Our response to FCA GC23-2