FCA leads international crackdown on illegal finfluencers
Regulators across the globe, led by the Financial Conduct Authority (FCA), have joined forces to protect social media users from illegal financial promotions by rogue finfluencers. Nine regulators, from Australia, Canada, Hong Kong, Italy, United Arab Emirates and United Kingdom took part in the week of action, which began on 2 June 2025. In the […]
Read MoreMALG CEO, Board Member and Members named in Credit Connect’s 2025 Industry Leaders List
Money Advice Liaison Group (MALG) CEO Bob Winnington, MALG Board Member Emma Lovell of Lending Standards Board, and MALG Members including Lee Healey of IncomeMAX, Neil Jinks of ControlAccount, Chris Dick of Registry Trust, Chris Leslie of CSA, Jason Wassell of CCTA, Russel Hamblin-Boone of CIVEA, Chris Fitch of Money Advice Trust, Emma Gibbons of […]
Read MoreStepChange announces new appointments and investment growth plans
Debt charity, StepChange, has announced that it is making a significant strategic investment in its new Growth and Innovation team, with the aim of ensuring the charity remains at the forefront of service development and partnerships working in a rapidly changing landscape. Leading this new phase of growth are three senior appointments with Lee Usher […]
Read MorePeople in debt more than twice as likely to report very poor mental health, Money Advice Trust research reveals
To mark Mental Health Awareness Week 2025, National Debtline (part of Money Advice Trust) has published new research emphasising the stark correlation between debt and poor mental health. The research finds people behind on their household bills are more than twice as likely to struggle with very poor mental health. 16% of UK adults behind […]
Read MoreNew Lowell Financial Vulnerability Index research shows household finances in worst state since pandemic
The latest Financial Vulnerability Index research, undertaken by Lowell and Opinium, shows that households in the UK are: Using up their savings: 6 in 10 lack sufficient savings and more than a third have less than £1,000 in emergency savings – the highest figure recorded. Relying more on riskier forms of credit: For the first […]
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