FINANCE NEWS: CFDG rejects lottery review for players to choose charities

The Charity Finance Directors' Group (CFDG) has firmly criticised proposals to allow lottery players the right to vote on where money to good causes goes.

In its submission to the Government's consultation on the review of lottery distribution, the CFDG described the idea as "very damaging to small charities providing essential services".

One CFDG member is quoted as saying: "It is unlikely, for instance, that anyone buying a lottery ticket will specify that they want their money to go to our charity, as they will, in all probability, never have heard of us."

The finance directors' body also called for a more standardised form of financial reporting for groups that receive lottery funding. It says that demand for different presentations of the same financial information from different funders is costly and problematic to smaller groups that do not have easy access to accounts.

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