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FCA mission focuses on personal finance

19 Apr 2017 | Posted In Money advice news

Regulator the Financial Conduct Authority has launched its mission statement for this financial year and identified that personal debt levels are high enough to merit the whole sector coming under its microscope. Chief executive Andrew Bailey has highlighted the need for examination of the whole high-cost credit market following a cap on payday lending. Read […]

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Money and Mental Health Policy Institute publishes policy note on the case for bailiff reform to reduce psychological harm

13 Apr 2017 | Posted In Money advice news

The Money and Mental Health Policy Institute has published a policy note entitled: ‘Fear and foul play – the case for bailiff reform to reduce psychological harm’. It follows the recent launch of the ‘Taking Control’ bailiff reform campaign by several MALG members including The Money Advice Trust, AdviceUK, Christian’s Against Poverty, Citizens Advice and […]

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New Money Advice Service chief executive announced

11 Apr 2017 | Posted In Money advice news

The Pensions Regulator executive director Charles Counsell has been appointed as the Money Advice Service’s new chief executive. The Money Advice Service is set to merge with The Pensions Advisory Service and Pension Wise to form a new financial guidance body by the end of 2018. Counsell was awarded an OBE in the 2017 New […]

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New financial services trade body to be named UK Finance

11 Apr 2017 | Posted In Money advice news

The new financial services trade association, which will be formed as the result of merging the Council of Mortgage Lenders (CML), the British Bankers’ Association (BBA), the Asset Based Finance Association (ABFA), Financial Fraud Action UK, Payments UK and the UK Cards Association, will be named UK Finance. UK Finance will officially launch in summer […]

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Bob’s Blog: Widening participation in MALG

04 Apr 2017 | Posted In Bob's Blog (MALG updates)

It has been great to see so many Money Advice Liaison Group (MALG) Members across the country over the past few weeks. My ‘regional tour’ started in Birmingham at the end of February when the Midlands Forum was curtailed as a result of Storm Doris! The weather in Glasgow was kinder for my visit to […]

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