Credit, Collections & Insolvency News
The Money Charity has announced that 250,000 young people have been taught financial education since 2010 with their money workshop While Financial Education as a subject has officially been on the Curriculum since 2014, many schools and colleges still lack the resources and confidence to deliver this themselves. The Money Charity meets this need through…
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Business process outsourcing provider Sigma Connected has announced that it has appointed finance specialist Colin McMahon as Director of Financial Services. With over three decades of experience in the finance and banking sector, McMahon will manage and strengthen relations with Sigma’s existing clients in the financial services sector and work with the company’s growing number…
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Portsmouth Water has announced a new strategic partnership with the nationwide bereavement service Settld. Settld will streamline end-of-life account administration for those handling the affairs of a Portsmouth Water customer who has died. The partnership has also initiated a new support service for the water company’s vulnerable customers. Bereaved individuals who use Settld’s form to…
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European credit management services provider, Lowell Group has announced that it has completed the acquisition of Hoist Finance UK following receipt of regulatory approval. The transaction includes the operations of Hoist Finance UK and its entire unsecured non-performing loan portfolio, comprising of over 2 million consumer accounts, which had approximately £585m 180-month Estimated Remaining Collections…
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The joint administrators The IVA Advisor have secured the transfer of approximately 8,000 individual voluntary arrangement (IVA) clients to insolvency management firm Anchorage Chambers. The IVA Advisor, which was based in Cheadle, provided advice and support for people across the UK to help them manage debt. Anthony Collier and Simon Farr of specialist business advisory…
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Paylink Solutions and Inbest have announced a new partnership that aims to help customers across the UK access £16 billion worth of unclaimed benefits. Paylink says that over 8 million households in the UK are currently missing out on benefits worth £16 billion. The most common reason for this is that people are either unaware…
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Debt-technology collections specialist Trustfolio and Birmingham City Council have been jointly awarded a ‘Highly Commended’ award at IRRV Performance Awards 2022. The awards was in the Excellence in Innovation (debt management) category. Commenting on the award Jonathan Woodward, Birmingham City Council said “We were delighted to have been awarded a ‘Highly Commended’ in this category…
Read moreBusiness outsourcing provider Sigma Connected has announced the appointment of Peter Doveren as its new Chief Strategy Officer. Dutch-born Doveren has extensive international experience having worked in many different countries whilst holding senior customer service and strategy roles across a variety of sectors and organisations, including with Vodafone, Capita and the RSPCA. Doveren’s role…
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DCB Legal, a legal practice specialising in civil and commercial litigation, and debt recovery, has welcomed two new apprentices to its highly sought-after solicitor apprenticeship scheme. Amongst the successful apprentices is 23-year-old Bethany Forster, who joined the company in 2019 whilst undertaking a summer job in the accounts department. After completing her first apprenticeship with…
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The Chartered Institute of Credit Management (CICM) and the High Court Enforcement Officers Association (HECOA) have formed an official partnership for the CICM to review and revise learning resources and qualifications for future High Court Enforcement Officers (HCEO). The new programme will see the CICM and HCEOA work together to further strengthen the assessment of…
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IE Hub has announced that it has joined forces with StepChange and C&R Software in a partnership to support consumers in financial hardship This partnership will see IE Hub’s income and expenditure solution integrated with both C&R Software’s solution Debt Manager, and StepChange’s debt advice and support solutions service. StepChange Chief Executive, Phil Andrew…
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Indigo Cloud has announced it has appointed Ian Simpson as Director of Business & Client Development where he will be defining new market strategies, driving sales, and overseeing client relationships. Simpson is a collection and recovery specialist who has been active in the industry since 1997 having worked for names such as Transcom, GE Money,…
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The winners of the 2022 Credit Services Association (CSA) Awards which is hosted as part of the trade body’s annual conference, the UK Credit and Collections Conference (UKCCC) have been announced following a live event at the Radisson Blu Hotel, Manchester Airport last week. Notable wins on the night were for Data on Demand who…
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