Five questions about the future of Money Advice: MALG Conference review

19th December 2017 Industry opinion |

As someone who works to bring together the money advice sector and the creditor community as Money Advice Liaison Manager at Nationwide, the Money Advice Liaison Group (MALG) is an important network for me and I was pleased to be involved in the organisation of this year’s conference. The theme of the MALG Conference 2017…

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Record levels of invoice finance and asset-based lending to businesses

19th December 2017 Commercial Credit Management |

Latest data released by UK Finance has shown that the invoice finance and asset-based lending sector is providing more finance to UK businesses than ever before. Advances (the amount of funding being provided to clients at the close of the most recent quarter) are up 13 per cent year on year and stand at just over…

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Two in five expect Brexit to leave them worse off

19th December 2017 Consumer Collections |

Online research from Equifax has revealed that 39% of Brits expect Brexit to negatively affect how they access and manage their finances. The survey, conducted by YouGov, also highlighted the younger generations’ pessimism about Brexit with over half (56%) of 18-24 year olds believing exiting the EU will make it more difficult to access and…

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2018 economic conditions could lead to flexible motor finance proposition

19th December 2017 Consumer Collections |

Increasingly tough economic conditions in 2018 could lead to a boost for flexible motor finance, which is designed to sit alongside traditional prime lenders on dealer panels. Startline Motor Finance says that, as the effects of a slowing economy start to be felt by individuals, fewer people will tend to be able to meet the…

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Lack of GDPR readiness amongst businesses

19th December 2017 Consumer Collections |

With only six months to go to the General Data Protection Regulation (GDPR), a worrying 76% of organisations have yet to review products to ensure they are GDPR compliant, finds new research launched today by Callcredit Information Group. Yet marketers’ confidence isn’t wavered by this with a large majority (84%) thinking that those who must…

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MAS announces new five-year debt advice strategy

19th December 2017 Consumer Collections |

The Money Advice Service (MAS) has launched a five-year debt commissioning strategy that outlines a challenging and exciting plan to ensure debt advice services target those most in need. Following an extensive consultation with over 175 organisations across a range of sectors, ‘A strategic approach to debt advice commissioning’ sets out a new approach that…

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ICAEW appoints new Vice-President

19th December 2017 Commercial Credit Management |

David Matthews has been appointed the new Vice President of the ICAEW. Matthews joined ICAEW Council in 2010, and has previously served on the Institute’s Professional Standards Board as well as, currently, the Board of the ICAEW and Chair of its Technical Strategy Board. Matthews joined KPMG after graduating from London School of Economics in…

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