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Citizens Advice calls for Universal Credit rollout to be paused as research reveals people left facing financial difficulty

07 Jul 2017 | Posted In Money advice news

MALG member Citizens Advice says the rollout of Universal Credit should be paused until significant problems with it are fixed in a major new report – Delivering on Universal Credit. It reveals that the requirement to wait for six weeks to receive any payment means people face serious financial insecurity, with many being forced into […]

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Joseph Rowntree Foundation publishes updated Minimum Income Standard for the UK 2017

07 Jul 2017 | Posted In Money advice news

Joseph Rowntree Foundation (whose Director of Policy and Research Dr Emma Stone is speaking at the MALG Conference 2107 in November) has published its updated Minimum Income Standard for the UK report for 2017. The report is based on what the public think people need for an acceptable minimum standard of living. It shows: the incomes […]

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Money Advice Service launches good practice creditor toolkit on working collaboratively with debt advice agencies

05 Jul 2017 | Posted In Money advice news

A new toolkit to bring consistency to the way creditors work with debt advice agencies when collecting repayments from people who are in debt is being launched by the Money Advice Service at today’s Money Advice Liaison Group (MALG) National Members’ Meeting. This is the first time that all major debt advice agencies and creditors […]

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Ofgem announces plans to protect vulnerable customers

04 Jul 2017 | Posted In Money advice news

Energy regulator Ofgem has announced plans to protect vulnerable consumers as part of a wider programme to make sure all consumers get a better energy deal. Options being considered include introducing a safeguard tariff for vulnerable consumers which would protect them from overpaying for their energy. Research from Ofgem and the findings of the Competition and […]

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UK Finance launches

03 Jul 2017 | Posted In Money advice news

From today (3 July 2017), the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. UK Finance will represent over 300 firms in the UK providing credit, banking, markets and payment-related services. Its members offer a wide range of financial and advisory services across both mutual […]

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