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May 2022

Statutory Debt Repayment Plan (SDRP) Consultation opens

17 May 2022 | Posted In Money advice news

The government is consulting on draft regulations to introduce a new statutory debt solution known as the statutory debt repayment plan (SDRP). The SDRP will be focus on repayment of debt, rather than debt relief, addressing a gap in the debt solution landscape. The SDRP will include a broad range of debts, including debts owed […]

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Industry report outlines accelerated evolution of civil enforcement process

11 May 2022 | Posted In Money advice news

CIVEA, the primary trade association for civil enforcement agencies in England & Wales, representing more than 95% of the industry, has released a new report detailing the significant changes to enforcement operations in recent times, ahead of the sector’s annual conference in April. Reflection and collection – the evolution of civil enforcement features a foreword from […]

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Money and Mental Health Policy Institute publishes analysis on how the cost of living crisis is affecting financial and mental wellbeing

09 May 2022 | Posted In Money advice news

To mark the start of #MentalHealthAwarenessWeek, Money and Mental Health Policy Institute has published analysis based on new nationally representative YouGov polling, which looked at how the cost of living crisis is affecting the financial and mental wellbeing of people across the UK. The polling shows that 73% of UK adults have had to change […]

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Credit Services Association raises concerns over targets set for free-to-client debt advice

03 May 2022 | Posted In Money advice news

Credit Services Association (CSA), the UK trade body for debt collection and debt purchase, has released a new report exploring the provision of debt advice for those facing financial difficulties and in need of support. The report entitled ‘Wide of the Mark? Assessing the Delivery & Value of Free-To-Client Debt Advice’ argues that consistent and high-quality […]

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