New Research Warns: Generative AI Could Transform Debt Advice – But Only With Guardrails
A major new study released by Money Advice Liaison Group (MALG) and AI innovation firm Wyser provides the clearest picture yet of how generative AI could reshape the UK’s regulated debt advice landscape – but only if deployed with precision, humility and human oversight. Funded by the Money & Pensions Service (MaPS), ‘Exploring Safe & […]
Read MoreMoney Advice Trust publishes ‘Tell Us Twenty’, a review of initiatives that allow people to share their support needs with multiple organisations
Money Advice Trust’s new report ‘Tell us 𝙾̶𝚗̶𝚌̶𝚎̶ Twenty’, is a review of initiatives that allow people to share their support needs with multiple organisations. It is a follow up its 2024 report outlining 10 guiding principles to help design better data-sharing schemes and finds that, in 2026, there are at least 20 ‘Tell Us […]
Read MoreCouncil tax shake-up to protect the most vulnerable households
Vulnerable people will have more time and support to settle their outstanding council tax bills under reforms to make the system fairer announced by the government. Ministers have today (April 15) confirmed changes will be made to the administration of bills, which have been left unchanged since 1993 and have become outdated and left people […]
Read MoreNew Report Calls for Urgent Shift from ‘Poverty to Potential’ for UK Children
A new report entitled ‘Potential Not Poverty’ has been published, bringing together evidence and lived experience to highlight both the scale of child poverty in the UK and the opportunities being lost as a result. The report, developed through collaboration between leading charities and advocacy organisations including Save the Children UK and partners across the […]
Read MoreRegulators launch joint taskforce to crack down on poor practice in motor finance claims
A new taskforce will tackle poor handling of motor finance claims by some claims management companies (CMCs) and law firms, after the FCA, Solicitors Regulation Authority (SRA), Information Commissioner’s Office (ICO) and Advertising Standards Authority (ASA) agreed to join up their efforts. The announcement comes as the FCA prepares to set out its final compensation […]
Read More