Money advice/poverty sector responds to ‘threadbare’ Queen’s Speech
Responding to today’s Queen’s Speech, Mike O’Connor, Chief Executive of StepChange Debt Charity, said: “Household debt is high by historical standards and consumer borrowing continues to head towards levels not seen since the economic crisis. Millions of households are resorting to credit as the only way to keep up with essential household bills. And millions more […]
Read MoreMoney Advice Service launches #TalkMoneyWorries campaign
MALG member the Money Advice Service is today calling on friends and family to spot the signs that people close to them might be experiencing problem debts. Debt and money worries are often seen as a taboo subject in the UK so it is time to get people talking about their money worries and get […]
Read MoreFSCS survey finds smartphone apps made a third of people spend more
A third of people surveyed about their smartphones by the Financial Services Compensation Scheme (FSCS) said apps made them spend at all hours and lose track of their finances. Two-thirds said apps made it easier to spend, particularly from bed at the start or the end of the day. Women surveyed said they typically spent […]
Read MoreGovernment appoints Minister for Pensions and Financial Inclusion
Guy Opperman has been appointed as the Department for Work & Pensions (DWP) Parliamentary Under Secretary for Pensions and Financial Inclusion. The appointment has been welcomed by the money advice sector. Sir Sherard Cowper-Coles, Chair of the Financial Inclusion Commission, said: “We are delighted that the government has responded to the Financial Inclusion Commission’s call for ministerial […]
Read MoreMoney and Mental Health Policy Institute publishes first Annual Review
The Money and Mental Health Policy Institute has published its first Annual Review a year on from its launch. The report sets out the organisation’s research/policy achievements, impact, and how it has established itself as the heart of a network, championing the needs of people with mental health problems to decision-makers in the services on […]
Read More