U.K. Financial Executives Offering Free Advice to Charities

A British organization that links charities with corporate chiefs for free advice on financial issues is attracting more executive volunteers as the recession deepens, the Financial Times reports.

Pilotlight reports a jump in interest from both working executives and those who have recently lost their jobs, reflecting an overall surge in volunteering in Britain. The agency manages teams of executives who spend two to three hours a month advising a participating charity

“We’ve all benefited from financial leverage over the past two decades; the next era will be about intellectual leverage,” said Sam Berwick, chief executive of Mizuho International and a Pilotlight adviser.