Citizens Advice finds people in Scotland living from one pay day to the next
MALG member Citizens Advice Scotland asked people from across Scotland about their relationship with money, debt, credit, and planning for the future in a new study. The findings include: More than half of Scots (51%) say they occasionally run out of money before payday, with 15% saying they do so ‘most of the time’ or ‘always.’ […]
Read MoreR3 calls for improvements to personal finance education in schools
MALG member R3, the insolvency and restructuring trade body, has published a briefing showing that just one in ten (10%) British adults say they have received useful advice about personal finance through their school or college. The findings come from research conducted by R3 with over 2,000 adults and is based on R3’s February 2017 Personal […]
Read MoreTUC new analysis of household debt finds it will reach record high this year
The TUC has published new analysis of household debt today, which finds that unsecured debt per household will reach a record high of £13,900 this year. TUC General Secretary Frances O’Grady said: “The surge in household debt is putting the economy in the danger zone. We’ve got this problem because wages haven’t recovered. Credit cards […]
Read MoreOne year to go until General Data Protection Regulation (GDPR) comes into force
The Information Commissioner’s Office (ICO) is using the hashtag #gdpr1yeartogo to urge firms to start preparing now for the new EU General Data Protection Regulation (GDPR), which will come into force one year from today. The new data protection regulation will have a big impact on the money advice and related sectors with a raft […]
Read MoreDEMSA Conference 2017 full agenda featuring MALG announced
MALG member the Debt Managers Standards Association (DEMSA) is holding its annual conference on Wednesday 7 June 2017 at Lancashire County Cricket Club’s Emirates Old Trafford Stadium in Manchester. The full agenda for the day has now been announced and includes a breakout session delivered by MALG’s Executive Officer Bob Winnington. Bob will be speaking […]
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