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Money Advice Service research identifies the signs people might be in debt for creditors to spot

23 Jun 2017 | Posted In Money advice news

To coincide with the launch of its #TalkMoneyWorries campaign, MALG member the Money Advice Service has released new research which identifies the signs people might be in debt to help friends, family members, and creditors spot issues early on. One in six adults is at risk of crisis debt but less than one in five […]

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Money advice/poverty sector responds to ‘threadbare’ Queen’s Speech

21 Jun 2017 | Posted In Money advice news

Responding to today’s Queen’s Speech, Mike O’Connor, Chief Executive of StepChange Debt Charity, said: “Household debt is high by historical standards and consumer borrowing continues to head towards levels not seen since the economic crisis. Millions of households are resorting to credit as the only way to keep up with essential household bills. And millions more […]

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Money Advice Service launches #TalkMoneyWorries campaign

19 Jun 2017 | Posted In Money advice news

MALG member the Money Advice Service is today calling on friends and family to spot the signs that people close to them might be experiencing problem debts. Debt and money worries are often seen as a taboo subject in the UK so it is time to get people talking about their money worries and get […]

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FSCS survey finds smartphone apps made a third of people spend more

16 Jun 2017 | Posted In Money advice news

A third of people surveyed about their smartphones by the Financial Services Compensation Scheme (FSCS) said apps made them spend at all hours and lose track of their finances. Two-thirds said apps made it easier to spend, particularly from bed at the start or the end of the day. Women surveyed said they typically spent […]

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Government appoints Minister for Pensions and Financial Inclusion

16 Jun 2017 | Posted In Money advice news

Guy Opperman has been appointed as the Department for Work & Pensions (DWP) Parliamentary Under Secretary for Pensions and Financial Inclusion. The appointment has been welcomed by the money advice sector. Sir Sherard Cowper-Coles, Chair of the Financial Inclusion Commission, said: “We are delighted that the government has responded to the Financial Inclusion Commission’s call for ministerial […]

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