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New report finds 1 in 5 people from minority ethnic groups experience discrimination due to race when dealing with financial providers

01 Dec 2023 | Posted In Money advice news

New research from Fair4All Finance finds that people from minority ethnic groups experience discrimination and multiple barriers to accessing financial services in the UK. The goal of the research was to improve the understanding of the financial lives and needs of people from minority ethnic groups. Fair4All Finance believes that it can help transform the […]

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Personal Finance Research Centre publishes new evidence about debt advice referrals

01 Dec 2023 | Posted In Money advice news

A new report by the Personal Finance Research Centre entitled ‘Joined up: supporting debt advice clients through strong referral partnerships’, presents new evidence about debt advice referrals. It aims to stimulate discussion about how to ensure referrals work well for debt advice clients across a complex ecosystem. The report contains analysis of StepChange debt advice data […]

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Ministry of Justice opens a consultation into the inclusion of claimant data on the Register of Judgments, Orders and Fines

28 Nov 2023 | Posted In Money advice news

The Ministry of Justice (MoJ) has opened a consultation into the inclusion of claimant data on the Register of Judgments, Orders and Fines. The consultation considers a proposal to amend the law to allow for the names of claimants of money judgments in the County Court and High Court to be published on the Register of […]

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New research by The Health Foundation explores how debt can affect health during the cost-of-living crisis

23 Nov 2023 | Posted In Money advice news

New research by The Health Foundation explores how debt can affect health during the cost-of-living crisis. The key findings from the report were: Being in problem debt is associated with worse health outcomes. People in problem debt are three times as likely to report that their health is ‘bad’ or ‘very bad’ (21% compared with […]

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Ofgem opens up conversation on energy standing charges ahead of winter

17 Nov 2023 | Posted In Money advice news

A call for input on the ‘standing charge’ – how it is applied to energy bills and what alternatives could be considered – has been launched by Ofgem. The standing charge is a daily charge that you pay your energy supplier each day to cover fixed costs of providing gas and electricity, regardless of how […]

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