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Experian survey: Six in ten Brits have increased their financial awareness during lockdown

05 Jun 2020 | Posted In Debt / Money Advice Sector News

Six in ten (61%) Brits have become more aware of their finances since the start of the Coronavirus pandemic, rising to 71% among those on furlough, according to new research released today from Experian. Over a third (35%) of Brits say their financial knowledge has improved during lockdown, with 30% actively researching financial advice or […]

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CIVEA publishes post-lockdown support plan for enforcement sector

03 Jun 2020 | Posted In Debt / Money Advice Sector News

The Civil Enforcement Association (CIVEA) has been in close contact with the government throughout the COVID-19 crisis. The Ministry of Justice was appreciative of its guidance to members and its proactive response to the lockdown. There is not yet a date for enforcement activity to resume or when the Taking Control of Goods amending regulations […]

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Financial Inclusion Centre publishes proposals to deal with immediate and longer term financial impacts of Covid-19

29 May 2020 | Posted In Debt / Money Advice Sector News

The Financial Inclusion Centre publishes proposals to deal with immediate and longer term financial impacts of the Covid-19 pandemic. The report highlights that Covid-19 has brought to light serious health and income inequalities in society. Recent analysis by the Office for National Statistics (ONS) shows that the Covid-19 related mortality rate in more deprived areas […]

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Cifas enters collaborative partnership with The Vulnerability Registration Service to protect vulnerable consumers

27 May 2020 | Posted In Debt / Money Advice Sector News

Cifas and The Vulnerability Registration Service (VRS) have entered into a collaborative agreement that will offer protection to vulnerable individuals through the VRS national vulnerability database later this year. With effect from 1 August 2020, Cifas will no longer be providing the Protecting the Vulnerable scheme. The Protecting the Vulnerable scheme is a shared register […]

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FCA announces support for customers who are struggling to pay their mortgage due to coronavirus

22 May 2020 | Posted In Debt / Money Advice Sector News

The Financial Conduct Authority (FCA) has today announced proposals which will continue support for customers who are struggling to pay their mortgage due to coronavirus (Covid-19). The proposal outlines the options firms will be required to provide customers coming to an end of a payment holiday, as well as those who are yet to request […]

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