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October 2021

FCA survey finds three quarters of younger high-risk investors say they feel competitive when investing in high-risk products

22 Oct 2021 | Posted In Money advice news

To coincide with the launch of its InvestSmart campaign, to help new investors understand the risks they may be running, new research from the Financial Conduct Authority (FCA) has found that many are driven by competition and influenced by hype. The FCA surveyed 1,000 people aged 18 to 40 who invest in high-risk investment products. […]

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Payplan publishes report on how Breathing Space has helped its clients so far

13 Oct 2021 | Posted In Money advice news

In May 2021, Government launched the Breathing Space scheme, giving those people who are struggling with problem debt, some extra time to get their finances back on track. It offers people 60 days’ protection from creditor contact, a freeze on interest and charges and protection from legal and enforcement action. Since then, Payplan has helped […]

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Social Market Foundation says GPs prescribing debt advice could be a lifeline for those who have lost income

08 Oct 2021 | Posted In Money advice news

The Government has been urged to tackle post-Covid inequalities by helping GPs prescribe debt advice and job support for patients struggling with their finances. The Social Market Foundation (SMF) says financial prescribing, which enables the NHS to refer patients to non-clinical agencies like debt charities and jobs boards, could be a lifeline for those who have lost income during […]

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Bob’s Blog: MALG Conference 3 weeks today and other news!

07 Oct 2021 | Posted In Bob's Blog (MALG updates)

  MALG Conference 2021 – outline programme The MALG Conference, which will be held at No.11 Cavendish Square in London on 28 October 2021, is three weeks today! With an overall focus on ‘Leadership, Diversity & Inclusion’, we are pleased to unveil more details on the programme content which will include sessions on grants vs […]

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Registry Trust data analysis highlights insolvency early warning sign for companies with outstanding CCJs

01 Oct 2021 | Posted In Money advice news

New data analysis shows that 47% of businesses which became insolvent in May and June 2021 had an outstanding county court judgment (CCJ) against them. 78% of those which became insolvent with an outstanding CCJ had received their first CCJ within the previous 999 days. With the Insolvency Service’s latest corporate insolvency figures for August […]

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