Archives for 11 July 2007
‘Education needed’ to avoid retirement debt problem
Britons across all age groups need to become more knowledgeable about financial issues in order to avoid encountering a debt problem, it has been claimed.
Norwich Union made the suggestion ahead of tomorrow’s announcement by the government in which the importance of financial education among the young is expected to be highlighted.
Head of post-retirement packages […]
Birmingham debt management efforts given boost
Birmingham debt management attempts are to receive a boost through a new local project, it has emerged.
A government-backed campaign is to target the financially excluded in the West Midlands, with the launch party to be held in Birmingham.
The project aims to raise awareness of the availability of expert advice for those facing financial difficulty […]
Non-banks ’should offer debt management advice’
Debt management advice should be offered by lenders including non-banks, it has been claimed.
The British Bankers’ Association (BBA) advises that increasing the regulation imposed on banks may be less effective in helping consumers than encouraging more widespread sympathy among all lenders.
While the Banking Code imposes a duty to support borrowers who face financial difficulty, […]