Piggy bank
A piggy bank
Credit: Shutterstock

Making Winners out of Savers

How innovative savings packages in the United States have helped people, who have not traditionally saved, to put money away for the first time.

Possibilities Seminar 6:

24 January 2017

7pm-8.30pm, Committee Room 18 

If you would like to attend the event please contact our Events Office.

Yvonne Fovargue and Peter TufanoYvonne Fovargue and Peter Tufano

Chair: Yvonne Fovargue MP

Cutting her teeth as a Housing Officer on the Moss Side estate in the early 1980s and later in her role as Chief Executive of St Helens Citizens Advice Bureau, a role she held for over 20 years, Yvonne Fovargue has worked all her life to fight injustice and to speak up for those without a voice in society.

Born in Sale, Yvonne was educated locally before gaining a BA in English at Leeds University. She was an elected member of Warrington Council (2004-2010) and has served as a school governor and charity trustee.

Yvonne’s political interests include Welfare Reform, Health, Third Sector and Personal Finance. She is Chair of the All Party Parliamentary Group on Debt & Personal Finance and Vice Chair of the All Party Legal Aid Group and the All Party Credit Unions Group.

She was promoted to Labour’s Front-bench in October 2011, joining the Whip’s Office, and in January 2013 becoming Shadow Transport Minister, with responsibility for local transport. In October 2013 she moved to the Shadow Defence team, taking over responsibility for strategic defence, and then in October 2014 to Education, with a remit which included Young People. From September 2015 to June 2016 she was Shadow Consumer Minister.

Yvonne received the Citizens Advice Parliamentarian of the Year Award for 2011.

Yvonne is married with one adult daughter and two grandsons. She lives in Winstanley, Wigan with her husband.

She is a member of MENSA and an avid reader of crime fiction.

Speaker: Professor Peter Tufano


Peter Tufano was appointed Peter Moores Dean and Professor of Finance at Saïd Business School on 1 July 2011 and is a Professorial Fellow at Balliol College, University of Oxford. He is a prolific scholar and course developer, a seasoned academic leader, a social entrepreneur, and an advisor to business and government leaders.

At Oxford, Peter has championed the concept of a “business school embedded within the University”. While this connection begins with the membership of all business school students in Oxford Colleges, it is embodied in a number of initiatives that differentiate the School from other business schools: our joint degree programmes including our 1+1 MBA programme, whereby students can combine an MBA with scores of other Masters Programmes at Oxford; our Global Opportunities and Threats: Oxford (GOTO) programme, whereby students and alumni study disruptive global phenomena and their impact on business over the next quarter century; our Engaging with the Humanities Programme, whereby our students learn from humanities scholars and teachers primarily about leadership and values; our Oxford Launchpad, whereby our students work with counterparts around the University on new business ventures; and the extensive research conducted by the faculty with colleagues around Oxford. All of these activities produce a richer and more effective business school.

Peter is also a social entrepreneur. In 2000, he founded, and now chairs, a non-profit called the Doorways to Dreams Fund. This organisation works with partners to help low income households successfully manage their financial needs. Peter’s research on consumer finance, and the work of Doorways to Dreams Fund, contributed to the passage of the American Savings Promotion Act in December 2014, which removed federal barriers to sale of prize linked savings products in the US.

Prior to joining Oxford, Peter was a faculty member at the Harvard Business School for 22 years. During this time, he assumed a number of leadership roles, serving as department chair, course head, and Senior Associate Dean. He oversaw the school’s tenure and promotion processes, its campus planning, and he advised the University on financial and real estate matters. He was also the founding co-chair of the Harvard innovation lab (i-lab), a cross-university initiative to foster entrepreneurship.

Peter earned his AB in economics (summa cum laude), MBA (with high distinction) and PhD in Business Economics at Harvard University.

Peter is married with one daughter. His wife, Mary Jeanne Tufano, is an attorney, arbitrator and mediator.