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Financial Conduct Authority sets out agenda and priorities for consumer credit

31 Jul 2017 | Posted In Money advice news

MALG member the Financial Conduct Authority (FCA) has today published the outcome of its review into high-cost credit, which includes its assessment of the effectiveness of the payday loan price cap. The financial service industry regulator’s review provides clear evidence that FCA regulation of high-cost short-term credit (often known as ‘payday lending’) has delivered substantial […]

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Payplan research shows 20% increase in debt management advice

28 Jul 2017 | Posted In Money advice news

MALG member Payplan has released research which shows that the amount of individuals reaching out for debt management advice has increased by 20% since May 2017. The findings were revealed at a recent creditor roundtable, hosted by PayPlan at the Money Advice Service headquarters, with PayPlan highlighting a significant rise in those seeking help with […]

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BCCA and Consumer Finance Association merge

26 Jul 2017 | Posted In Money advice news

MALG members BCCA and the Consumer Finance Association (CFA) have announced that they will join together to represent alternative lenders and allied services. The joint statement reads: “The short-term lending sector has changed radically over the last few years in areas such as regulation and lending culture. It is time for a change in sector […]

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Bob’s Blog: Insights from MALG’s National Members Meeting

25 Jul 2017 | Posted In Bob's Blog (MALG updates)

It may be the end of term for schools, colleges, and universities up and down the country but we’ve got a packed summer ahead of us at MALG finalising plans for our conference in November and continuing to engage with potential new members in wider sectors including utilities, local government, and housing. National Members Meeting […]

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Government and Ofgem set out plan to upgrade energy system as part of UK’s Industrial Strategy

24 Jul 2017 | Posted In Money advice news

A plan to give homes and businesses more control over their energy use and support innovative new technologies, as part of the Industrial Strategy, was set out by Business and Energy Secretary Greg Clark today (24 July 2017). The innovative plan will transform how homes and businesses store and use energy. It will deliver a […]

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