Tag Archive | "financial-conduct"

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Debts Reduced Ltd has closed down – what can their clients do next …


It seems that the number of failing debt management companies isn't slowing down anytime soon. We've now seen the demise of Swansea-based Debts Reduced Ltd. Following warnings from the Financial Conduct Authority

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Important information for debt management customers of Debt Help …


Important information for debt management customers of Debt Help & Advice Ltd, First Step Finance Ltd or Primary Business Solutions Ltd – Financial Conduct Authority. Category: Latest News. UPDATE: On Wednesday 28

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Debt management firms forced to pay more money towards debts


Following recommendations from Citizens Advice the Financial Conduct Authority has announced paid-for debt management companies must make sure more of consumers' money goes to pay off debts and tell people about

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Concern over debt management plans « Shropshire Star


It is unacceptable that people struggling to make ends meet are being encouraged to sign up to “unsuitable” and expensive debt management plans, the Financial Conduct Authority (FCA) has said.

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Concern over debt management plans « Shropshire Star

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Regulator proposes capital requirements for debt management sector


Debt management firms will be required to hold a minimum amount of capital when they come under the Financial Conduct Authority's (FCA) regulatory regime next April.

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Regulator proposes capital requirements for debt management sector

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