Other areas of social welfare law

Debt

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15 December

Treasury announces agreement with banks to provide basic fee-free accounts

New bank accounts, to be provided by nine high street banks and building societies, will be available to those who don't already have an account or who can’t use their existing account due to financial difficulty.

15 December, 2014

5 December

Community Charge Debt (Scotland) Bill

New bill introduced in Scotland that will remove liability to pay community charge debt and historic community water charge debt and, additionally, provides that surcharges, civil penalties and fees, and other financial outlays for community charge debt enforcement action will cease to be collectable.

05 December, 2014

3 December

Scotland’s Financial Health Service launched today

New website provides links to a range of organisations offering information and advice on debt, managing money, housing, homelessness and ethical lending and has a Financial Education module which aims to help people to manage their money to stop any future problems.

03 December, 2014

1 December

Financial Conduct Authority introduces new rules to tackle ‘poor practice’ in credit broking market

New rules, to take effect from 2 January 2015, will ban credit brokers from charging fees, and from requesting payment details for that purpose, unless they comply with new requirements ensuring that customers are given clear information about who they are dealing with, what fee will be payable, and when and how the fee will be payable.

01 December, 2014

Treasury Committee publishes correspondence with Chancellor about Money Advice Service

Letters highlight Committee's concern that terms of reference for independent review of Service do not include whether it should continue to exist.

01 December, 2014

21 November

Government announces safeguards that will apply to Direct Recovery of Debt by HMRC

New safeguards include a guaranteed visit to debtors, a new specialist unit for vulnerable cases, allowing an appeal process to the County Court, and putting a hold on debtors' accounts and giving 30 days to arrange payment of the debt before any money is taken.

21 November, 2014

13 November

Majority of Britain’s poorest paid workers never escape the low pay trap

Alan Milburn, Chair of the Social Mobility and Child Poverty Commission who produced the report, says research is 'a powerful argument for Britain to become a Living Wage country'.

13 November, 2014

11 November

Financial Conduct Authority confirms price cap for payday loans from 2 January 2015

New rules will mean that no borrower will ever pay back more than twice what they borrowed, and someone taking out a loan for 30 days and repaying on time will not pay more than £24 in fees and charges per £100 borrowed.

11 November, 2014

7 November

Common Financial Tool etc. (Scotland) Regulations 2014

New regulations that make provision about the method for determining an appropriate amount of a living debtor’s income to be paid to a trustee after sequestration of the debtor’s estate, known as the 'common financial tool' in the Bankruptcy (Scotland) Act 1985, as amended by the Bankruptcy and Debt Advice (Scotland) Act 2014.

07 November, 2014

Bankruptcy and Debt Advice (Scotland) Act 2014 (Consequential Provisions) Order 2014

New regulations that make provision in consequence of the Bankruptcy and Debt Advice (Scotland) Act 2014 to introduce debtor contribution orders in place of existing arrangements for income payment orders and agreements, and alter existing arrangements for discharge of a debtor who has been sequestrated.

07 November, 2014

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