FCA to run Consumer Duty webinar for debt advisers due to concerns over lack of awareness, understanding and implementation progress
The Financial Conduct Authority (FCA) has organised a webinar for debt advice providers on 12 July 2023, 2-3pm. This important event follows concerns around the readiness of smaller regulated firms, including the large number holding debt counselling as a permission, ahead of the Consumer Duty implementation deadline on 31 July 2023. Advisers having the confidence […]
Read MoreCDER Group extends sponsorship of Money Advice Liaison Group (MALG)
CDER Group, Judicial Services and collections partner to the UK Government and commercial clients, has been named as a sponsor of the Money Advice Liaison Group (MALG) Conference 2023. This is the fourth year in a row that CDER Group has supported the event alongside other ongoing sponsorship of MALG National Members Meetings and wider […]
Read More5.5 million people behind on energy bills, as charities call for Help To Repay scheme
Money Advice Trust releases new findings on the impact of the high cost of living An estimated 5.5 million UK adults are behind on their energy bills, according to new research from the Money Advice Trust, the charity that runs National Debtline and Business Debtline. The charity’s Under Pressure research – based on an Opinium survey of 2,000 […]
Read MoreFCA bans referral fees for debt packagers to help struggling consumers
Regulator the Financial Conduct Authority (FCA) is banning certain providers of debt advice from receiving referral fees from debt solution providers. The ban should save consumers struggling with debt thousands of pounds in unnecessary fees and ensure they receive better quality advice. It will put a stop to the business model which incentivises debt packagers […]
Read MoreCounting the costs: Money Advice Trust publishes reports n the impact of the cost of living on its clients
Money Advice Trust’s new Counting the costs and Shrinking margins briefings shine a spotlight on the impact the cost of living crisis is having on callers to its National Debtline and Business Debtline advice services. Based on findings from Money Advice Trust client surveys, these briefings outline the challenges that callers face as the cost of essentials […]
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