Payplan research shows 20% increase in debt management advice
MALG member Payplan has released research which shows that the amount of individuals reaching out for debt management advice has increased by 20% since May 2017. The findings were revealed at a recent creditor roundtable, hosted by PayPlan at the Money Advice Service headquarters, with PayPlan highlighting a significant rise in those seeking help with […]
Read MoreBCCA and Consumer Finance Association merge
MALG members BCCA and the Consumer Finance Association (CFA) have announced that they will join together to represent alternative lenders and allied services. The joint statement reads: “The short-term lending sector has changed radically over the last few years in areas such as regulation and lending culture. It is time for a change in sector […]
Read MoreGovernment and Ofgem set out plan to upgrade energy system as part of UK’s Industrial Strategy
A plan to give homes and businesses more control over their energy use and support innovative new technologies, as part of the Industrial Strategy, was set out by Business and Energy Secretary Greg Clark today (24 July 2017). The innovative plan will transform how homes and businesses store and use energy. It will deliver a […]
Read MoreMoney Advice Trust publishes behaviour change toolkit for the money advice sector
MALG member the Money Advice Trust has partnered with social enterprise Behaviour Change to publish ‘Nudging Tools for Money Advisers: a behaviour change toolkit for the money advice sector’ as part of their Innovation Grants Programme. The toolkit provides team leaders, advisers and managers in the money advice sector with six practical ideas inspired by behavioural […]
Read MoreMoney and Mental Health Policy Institute publishes ‘Fintech for Good’ report
MALG’s Executive Officer Bob Winnington attended the launch of Money and Mental Health Policy Institute’s ‘Fintech for Good’ report at Monzo Bank on 18 July 2017. The report looks at how financial technology can support people experiencing mental health problems, who are three times as likely to be in financial difficulty. Fintech – new tools, settings […]
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