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New report on ‘unravelling the cost of living spiral’ published

30 May 2023 | Posted In Money advice news

A new Financial Health Report ‘Making Ends Meet: Unravelling the cost of living spiral’ using data insights from Equifax and TDX in partnership with the Centre for Social Justice, with collaborations from Vulnerability Registration Service and Policy in Practice, has been published. It examines whether maximising income and improving accessibility to social tariffs could help consumers […]

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Ofgem publishes consultation on framework for consumer standards and policy options to address priority customer service issues

05 May 2023 | Posted In Money advice news

Energy regulator Ofgem has published a consultation on its framework for consumer standards and policy options to address priority customer service issues. With many consumers struggling with their bills, it is more critical than ever that energy suppliers provide good service to their consumers. Building on the existing rules and the outcomes from its Market […]

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Money and mental health organisations combine to back more support for people in difficulty

28 Apr 2023 | Posted In Money advice news

Money and mental health organisations across the UK are backing a new guide that shows creditors how to offer more support to customers in difficulty. ‘Mental Health and Money’, a new guide released by the Money and Pensions Service (MaPS), was created after detailed consultation with experts in both fields. It’s being supported by the […]

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Centre for Social Justice publishes report on equipping debt advisers to tackle illegal money lending

19 Apr 2023 | Posted In Money advice news

Think tank Centre for Social Justice has published a report entitled ‘Friend or Foe? Equipping debt advisers to tackle illegal money lending’ in response to their recent survey which found that 7 in 10 debt advisers believe that illegal lending is a growing problem in the UK and over half of debt advisers have been […]

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Enforcement Conduct Board opens consultation on its Business Plan for 2023/24

27 Mar 2023 | Posted In Money advice news

The Enforcement Conduct Board (ECB), which was set up in 2022 to ensure that all those who are subject to enforcement action in England and Wales are fairly treated, has opened a consultation on its Business Plan for 2023/24. The consultation welcomes feedback from industry, consumer groups, those who have experience with enforcement themselves, the […]

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