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FCA announces support for customers who are struggling to pay their mortgage due to coronavirus

22 May 2020 | Posted In Money advice news

The Financial Conduct Authority (FCA) has today announced proposals which will continue support for customers who are struggling to pay their mortgage due to coronavirus (Covid-19). The proposal outlines the options firms will be required to provide customers coming to an end of a payment holiday, as well as those who are yet to request […]

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Urgent action needed to help millions struggling with Covid-19 council tax debt

22 May 2020 | Posted In Money advice news

The UK’s three largest debt charities have called on the Government to change ‘ineffective’ regulations on how councils collect council tax arrears to protect households who have fallen behind due to coronavirus. Citizens Advice, the Money Advice Trust and StepChange Debt Charity fear that with council tax enforcement measures likely to restart soon, many residents who are […]

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Money Saving Expert and The Open University launch unique, free financial education course

21 May 2020 | Posted In Money advice news

The UK’s biggest consumer website, MoneySavingExpert.com (MSE) and world-leading distance learning institution, The Open University, have teamed up for an ambitious new project, launching on 21 May 2020, to help give the nation the skills and knowledge to master their finances. MSE’s Academy of Money (mse.me/ou-academy) is a new, completely free and independent academic financial […]

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The Coronavirus (Scotland) (No.2) Bill published

15 May 2020 | Posted In Money advice news

The Coronavirus (Scotland) (No.2) Bill was published on 11 May 2020.  The Bill will be subject to an expedited procedure and subject to Parliament’s approval, is likely to come into force by the end of the month. Scottish Minister for Business, Fair Work and Skills, Jamie Hepburn, said: “We are aware of the ongoing financial […]

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MALG Friday Forum insight: Coronavirus and money advice sector capacity – the calm before the storm?

06 May 2020 | Posted In Bob's Blog (MALG updates), Money advice news

The UK’s debt and money advice sector has been preparing itself for unprecedented demand amid the widespread economic implications of the Coronavirus ‘lockdown’. Organisations have been quick to adapt to the ever-changing circumstances to ensure that advice and support can continue for those who still need it most, and that help is there for those […]

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