FCA takes action against debt packager firms
Following an FCA review of the practices of debt packager firms, 5 firms have stopped providing regulated debt advice until further notice and the FCA has used formal powers to stop another firm from providing regulated advice. The FCA has also published correspondence between Sheldon Mills, Executive Director, Consumers and Competition at the FCA and Dean Beale, CEO […]
Read MoreNew research will look at how to increase the financial inclusion of people from Black, Asian and minority ethnic communities
Fair4All Finance are partnering with Esmée Fairbairn Foundation, NatWest Group and StepChange on new research into how ethnicity influences access to financial products and services in the UK. The research aims to fill current gaps in understanding. It will explore practical short, medium and long term solutions to current inequalities, such as: Fraud victims from […]
Read MoreTV Licensing updates over 75s and their advisers on 31 July 2021 application deadline
In August 2020, there was a policy change to the TV Licence for those over 75 and free licences were no longer funded by the government from this date, with those aged 75 or over receiving Pension Credit eligible to apply for a free TV Licence. The transition period for this new policy was extended […]
Read MoreMaPS launches financial wellbeing guidance service MoneyHelper
A financial wellbeing tool launched by the Money and Pensions Service (MaPs), which merges its legacy brands, has gone live. The idea for the initiative, MoneyHelper, was first revealed in March after MaPS said it was looking to improve consumer financial wellbeing. MoneyHelper is a single destination tool that provides guidance over the phone, online […]
Read MoreMinistry of Justice new online access to court judgments doesn’t include CCJs
The Ministry of Justice (MoJ) announced last week that it will make court and tribunal judgments available online via The National Archives for the first time, increasing transparency and providing free access for all. For the avoidance of doubt, Registry Trust, which maintains the Register of Judgements, Orders and Fines on behalf of the MoJ […]
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