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Money and Mental Health’s research highlights the urgent need for more joined-up mental health and debt support

21 Jul 2023 | Posted In Money advice news

Money and Mental Health Policy Institute’s new research shows that the Government could save £100m+ each year and double recovery rates for people with depression and debt, by joining up mental health and money support. It found that people who have had mental health problems in the past two years are three times more likely to […]

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FCA to run Consumer Duty webinar for debt advisers due to concerns over lack of awareness, understanding and implementation progress

04 Jul 2023 | Posted In Money advice news

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 […]

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CDER Group extends sponsorship of Money Advice Liaison Group (MALG)

27 Jun 2023 | Posted In Bob's Blog (MALG updates)

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 […]

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5.5 million people behind on energy bills, as charities call for Help To Repay scheme

15 Jun 2023 | Posted In Money advice news

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 […]

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FCA bans referral fees for debt packagers to help struggling consumers

05 Jun 2023 | Posted In Money advice news

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 […]

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