New research on debt advice and vulnerability launched from Money Advice Trust
Money Advice Trust launched a research project today looking at how the debt advice sector supports people in vulnerable situations. Conducted by University of Bristol’s Personal Finance Research Centre (PFRC) in partnership with the Money Advice Trust and the Money and Mental Health Policy Institute and grant funded by the Money Advice Service, the research […]
Read MoreTV licencing: cost of the licence fee will change on 1 April 2018
The cost of the licence fee will change on 1 April 2018. The Government is responsible for setting the level of the licence fee, and in 2016 announced that it would rise in line with inflation for five years from 1 April 2017. A colour licence will now cost £150.50 (currently £147). A black and white licence will […]
Read MoreAPPG launches inquiry into young victims of financial crime
The All-Party Parliamentary Group on Financial Crime and Scamming has launched a review into how young people can be protected from financial crime. Figures released by Cifas, the UK’s fraud prevention service, revealed a 75 per cent increase in the misuse of bank accounts involving 18 to 24 year olds during the first nine months […]
Read MoreThe IMA’s adviser networking and information sharing project
The Institute of Money Advisers (IMA) and Shelter are delighted to be working together to provide up-to-date information and resources to the money advice sector. Shelter’s Specialist Debt Advice Service (SDAS) offers free professional guidance with complex debt queries. The service can be accessed by debt advisers offering free-to-client advice in England and Wales. The […]
Read MoreLending Works chooses Credit Kudos to power new Open Banking initiative
Credit Kudos and Lending Works have announced a partnership that creates one of the first commercial applications of the new Open Banking standard, empowering customers to instantly verify income in support of loan applications. Credit Kudos, a challenger credit bureau, and Lending Works, a fast-growing peer-to-peer (P2P) lending platform, are partnering to enable customers to […]
Read More