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Money and Pensions Service issues all for evidence on debt advice clients with deficit budgets

02 Sep 2022 | Posted In Money advice news

The Money and Pensions Service (MaPS) is now calling for evidence on debt advice clients with deficit budgets. The purpose of this call for evidence is to understand what help can, or could, be offered where a client presents with a deficit budget, as well as what MaPS can do to enable this help to […]

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Changing Lives publishes report on impact of the rising cost of living on people with multiple unmet needs

26 Aug 2022 | Posted In Money advice news

Changing Lives, a national charity, supporting thousands of people in the most challenging of circumstances, has published a report entitled ‘Priced Out’ on the impact of the rising cost of living on people with multiple unmet needs. The report’s key findings are: The rising cost of living has had a devastating impact on people with […]

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Financial Services Bill to unlock growth and investment across the UK

02 Aug 2022 | Posted In Money advice news

Legislation to enhance the competitiveness of the UK financial services sector and unlock tens of billions of pounds of investment across the UK economy was introduced to Parliament today (Wednesday 20 July). The Financial Services and Markets Bill repeals hundreds of pieces of EU retained law to deliver a comprehensive model of regulation for the […]

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Debt charities call on Ofgem to “ramp up” protection for people with energy debt

29 Jul 2022 | Posted In Money advice news

The UK’s three largest debt charities have called on the energy regulator Ofgem to urgently increase protections for people with energy arrears, as rising costs continue to impact households. Citizens Advice, the Money Advice Trust and StepChange Debt Charity are warning that with a further substantial rise in the energy price cap coming in October, […]

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StepChange reports positive client outcomes during first year of Breathing Space

21 Jul 2022 | Posted In Money advice news

People who accessed Breathing Space through StepChange in its first year of operation were more likely to complete advice, enter a debt solution, and achieve more positive wellbeing outcomes than other clients, says a new evaluation. Clients taking advantage of Breathing Space in its first year have experienced markedly improved outcomes compared to those who […]

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