Ofgem consultation: Resetting the energy debt landscape – the case for a debt relief scheme
Energy sector regulator Ofgem is running a consultation on its consideration to introduce a debt relief scheme to provide financial support to energy customers who accrued debt on energy bills during the energy crisis and may struggle to repay. The aim of such a scheme would be to bring down the record level of consumer […]
Read MoreFCA and FOS Call for Input on Modernising the Redress System closing 30 January 2025
The Financial Conduct Authority (FCA) and the Financial Ombudsman Service (FOS) want to seek views from stakeholders on how to modernise the redress framework, so it better serves consumers and provides greater stability for firms to invest and innovate. The current redress framework works well for individual customer complaints about specific issues. However, challenges can […]
Read MoreMoney and Pensions Service-funded debt advice impact report 2023/24 published
The Money and Pensions Service (MaPS) funded debt advice impact report is its first publication dedicated to detailing the work and impact of MaPS-funded debt advice services. This report is MaPS’ response to feedback received during the consultation exercise it carried out in early 2024. In this, stakeholders encouraged MaPS to do more to clarify […]
Read MoreLending Standards Board CEO Emma Lovell appointed to Board of Money Advice Liaison Group (MALG)
Money Advice Liaison Group (MALG), the UK membership organisation for ‘working together to improve the lives of people in debt’, has appointed Emma Lovell to its Board. Emma took up the role of Chief Executive Officer at the Lending Standards Board (LSB) in April 2020, prior to which she was CEO of R3, the UK […]
Read MoreClaimant data to be included on the Register of Judgments, Orders and Fines
Following a campaign by Registry Trust, the organisation which maintains the Register of Judgments, Orders and Fines, and a consultation carried out by the Ministry of Justice, the Government says it intends to implement the proposal to amend the law to allow for the names of claimants of money judgments in the County Court and […]
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