Personal Finance Research Centre publishes new evidence about debt advice referrals
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 […]
Read MoreMinistry of Justice opens a consultation into the inclusion of claimant data on the Register of Judgments, Orders and Fines
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 […]
Read MoreNew research by The Health Foundation explores how debt can affect health during the cost-of-living crisis
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 […]
Read MoreOfgem opens up conversation on energy standing charges ahead of winter
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 […]
Read MoreFCA secures contract changes for buy-now-pay-later customers as more consumers use the product
New research from the FCA shows that there has been a significant increase in the use of buy-now-pay-later (BNPL). The news comes as the FCA has secured further changes to potentially unfair and unclear contract terms for unregulated BNPL firms. The data, which is part of the FCA’s Financial Lives research, shows that 27% of […]
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