Money Advice Liaison Group Logo

LATEST

Scotland and the Standard Financial Statement

02 Mar 2017 | Posted In Money advice news

Following the introduction of the Money Advice Service’s Standard Financial Statement (SFS) for debt advice, creditors and others to use as a single, consistent tool for assessing an individual’s income and expenditure on 1 March 2017, Scotland’s Insolvency Service, Accountant in Bankruptcy (AiB) has confirmed that the Common Financial Tool (CFT) used in Scotland, will […]

Read More

Christian’s Against Poverty publishes update to ‘The Poor Pay More’ report

02 Mar 2017 | Posted In Money advice news

Christian’s Against Poverty (CAP) has published an update to its ‘The Poor Pay More’ report from December 2015, which shows how self-disconnection is still a significant problem and explores new data showing how lack of internet access contributes to pre-payment users being unable to get the best energy deals. The report update, entitled ‘Where we […]

Read More

Bob’s Blog: The next MALG Members’ Meeting and other news

24 Feb 2017 | Posted In Bob's Blog (MALG updates)

I think it’s safe to say that the last MALG Members’ Meeting in January was a huge success! Attendees, who heard excellent presentations from academics Professor Sharon Collard and Chris Fitch and GambleAware’s Jane Rigbye, said it felt like a ‘game changer’ in the development of a new and improved MALG. You will be able […]

Read More

Launch date of the Standard Financial Statement confirmed

20 Feb 2017 | Posted In Money advice news

The Money Advice Service has announced that the Standard Financial Statement (SFS) begins operation on 1 March 2017 and thanked the many advice agencies, creditors, trade bodies and others involved in its development, including the MALG members who were part of the governance group. The first advice providers will begin using the new SFS format […]

Read More

Citizens Advice publishes Doorstep Loan report

16 Feb 2017 | Posted In Money advice news

Citizens Advice has published a report entitled ‘Debt on your doorstep’ looking into the doorstep loan market, which is the largest high-cost credit market in the UK used by over 1.3m customers. It identifies common problems experienced by their clients with unmanageable doorstep loans such as high-pressure sales tactics, inadequate affordability checks and aggressive collections […]

Read More
MONEY ADVICE LIAISON GROUP