23 October, 2014
23 October, 2014
New amending regulations which provide that persons undertaking Trailblazer Apprenticeships are to have the same national minimum wage entitlements as persons working under contracts of apprenticeship or apprenticeship agreements.
20 October, 2014
One of key points in response to Insolvency Service call for evidence on debt relief orders and the bankruptcy petition.
16 October, 2014
New report from Riverside highlights that tenants in the lowest income group have taken on more debts to cover sudden and unforeseen changes in benefit entitlement and the deepening impact of the bedroom tax.
16 October, 2014
New Standard Financial Statement, which the Money Advice Service has developed with Citizens Advice, Money Advice Trust and StepChange, has a set of expenditure categories that group items to reflect people’s spending patterns and the way that today’s households apportion their money with four of the categories supported by guidelines (or trigger figures) that indicate reasonable spending levels based on the number of adults and children in a household.
16 October, 2014
New figures from Citizens Advice show that clients aged 17 to 24 make up 10 per cent of its serious debt cases but over 15 per cent of its cases where debt has been caused by taking out a high-cost loan.
10 October, 2014
10 October, 2014
New report from Citizens Advice highlights that struggling to make ends meet can lead to people feeling stressed, depressed and anxious, and that for some people with mental health conditions, their diagnosis may lead to behaviour which means they are more likely to get into debt.
9 October, 2014
Measures, developed in light of the Financial Conduct Authority’s July 2014 price cap proposals, include encouraging the development of a high quality price comparison sector for payday loans.
8 October, 2014
The ASA has ruled that a payday loan advert from Wonga should not appear again in its current form after Citizens Advice raised concerns that the advert did not show the Representative Annual Percentage Rate (RAPR) when it said 'you can even pay back early and save money'.
8 October, 2014
New report from StepChange finds that problem debt costs the UK £8.3bn through the damage it causes to family life, mental and physical health, productivity and employment prospects and costs to the welfare state, the NHS, local government and other agencies.
3 October, 2014
Legislation to be introduced in the Scottish Government’s forthcoming legislation programme that will mean councils will no longer have the ability to collect poll tax arrears, but will be compensated for outstanding amounts in line with current collection rates.
3 October, 2014
Scheme to be expanded to everyone in receipt of pension credit guarantee credit, including those also in receipt of pension credit guarantee credit with savings credit.
3 October, 2014
Exercise seeks views, ahead of 13 November deadline, on proposed changes for 2015/2016
2 October, 2014
Payday loan company sets out details of new affordability policy, developed in conjunction with Financial Conduct Authority, and 'forbearance' strategy for those who have existing loans that would not have been allowed under it.
1 October, 2014
New statutory instrument brings into force the Bankruptcy and Debt Advice (Scotland) Act 2014 from 1st April 2015 insofar as it is not already in force (except for section 27 in relation to section 17G(7) of the Bankruptcy Act 1985), and makes a number of saving and transitional provisions.
30 September, 2014
Findings of online payday loan tracker survey include that only one in five people struggling to repay a payday loan had the interest frozen and only a quarter thought the lender treated them sympathetically,
25 September, 2014
New Ministry of Justice statistics include that total of legal help matters started and civil representation certificates granted was 32 in employment cases, 2,584 in debt cases, 3,877 in community care cases and 55,943 in housing cases.
23 September, 2014
Review instigated following BBC exposure of companies sending letters purporting to be from debt recovery organisations.
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