UK Finance launches death notification service
A new service enabling people to report the death of an individual to several major financial services providers at the same time has been launched by UK Finance. The free, online Death Notification Service is available to anyone who wishes to notify, in a single step, one or more of the member organisations1 that a customer has died. […]
Read MoreIMA Networking and Information Sharing project launched for all free-sector advisers
IMA members and other free sector advisers can now sign up to a new dedicated area of the IMA website. Members will be able to log in using their existing Members Zone username and password, and non-members can register via the IMA website: www.i-m-a.org.uk/learning-development/adviser-networking-information-sharing The new web area includes: A resources directory with a library […]
Read MoreFCA publishes outcome of high-cost credit review
The Financial Conduct Authority (FCA) has announced new proposals designed to protect millions of people who use overdrafts and high-cost credit. The changes the FCA are consulting on follow an in-depth review into the high-cost credit market and are expected to reduce the costs for consumers and give them greater control over their finances. These […]
Read MoreLatest behavioural insights could help 12.7 million make more of their money
The Financial Capability Lab – a Money Advice Service and Behavioural Insights Team partnership – has developed new ways to tackle challenges faced by financially squeezed households. New research released 10 May 2018 showcases innovative ideas aimed at tackling everyday money challenges. This fresh approach from The Financial Capability Lab – a partnership between the Money […]
Read MoreCredit Kudos takes the lead in the Open Banking rollout race
Technology-driven challenger credit bureau, Credit Kudos, has announced the successful roll-out of Open Banking connections with the largest UK banks, becoming the first credit bureau to offer Open Banking services to lenders and individuals. The roll-out of Open Banking began in January 2018 and is set to fundamentally change the way consumers interact with banks. Nine […]
Read More