At Money Advice Scotland, we are keen to ensure that the views and concerns of our members, partners and supporters feature prominently on the policy agenda.
With that in mind, we have developed the Money Advice Scotland Evidence Base to help capture the key social policy issues impacting consumers in Scotland.
DAS 2016 review consultation interim response
Money Advice Scotland has submitted a response to the Accountant in Bankruptcy's consultation on proposals to improve and enhance the Debt Arrangement Scheme (DAS).
Our response was drafted following a consultation event with our members on 7 August 2017.
Credit card market study: consultation on persistent debt and earlier intervention remedies
Money Advice Scotland has submitted a response to the Financial Conduct Authority's consultation on persistent credit card debt.
Our response was drafted following a consultation event with our members on 6 June 2017.
Money Advice Scotland is delighted to present its Manifesto 2017 ahead of the snap general election to take place next week.
Our manifesto was compiled after surveying our membership and the subsequent document sets out how we believe the next UK government can work to improve the financial wellbeing of the people of Scotland and the rest of the UK.
Call for input: high-cost credit and review of HCSTC cap
Money Advice Scotland has submitted a response to the Financial Conduct Authority's review of high-cost credit.
Public financial guidance review: consultation on a single body
Money Advice Scotland has submitted a response to HM Treasury's consultation on a new public financial guidance body.
The FCA Mission - a consultation
Money Advice Scotland has submitted a response to the Financial Conduct Authority's consultation on its future mission.
Diligence review 2016
Money Advice Scotland has submitted a partial response to the Accountant in Bankruptcy's review of diligence.
Consultation on social security in Scotland
Money Advice Scotland has submitted a partial response to the Scottish Government's consultation on the future of social security in Scotland.
This Scottish Government consultation sets out proposals for fees in the Court of Session, the High Court of the Justiciary, the Sheriff Appeal Court, the sheriff court, the Sheriff Personal Injury Court, and the justice of the peace court.
Help to Save: consultation on implementation
The UK Government recently held a consultation on the Help to Save scheme that is aimed to encourage people on lower incomes to build up a savings buffer.
HM Treasury: Public financial guidance review
Following a consultation event with our membership on 16 May 2016, Money Advice Scotland has submitted its response to the HM Treasury review of public financial guidance after the decision was taken to replace the Money Advice Service.
Accountant in Bankruptcy consultation on the Debt Arrangement Scheme
Following a survey of our membership, Money Advice Scotland has submitted a response to the DAS Review 2016.
Accountant in Bankruptcy consultation on Protected Trust Deed
Following a survey of our membership, Money Advice Scotland has submitted a response to the Accountant in Bankruptcy review of Protected Trust Deed (PTD).
Money Advice Scotland is delighted to present its first ever manifesto ahead of the Scottish Parliament elections on 5 May 2016.
Consultation to improve outcomes for prepayment consumers
Money Advice Scotland has submitted its response to Ofgem's consultation on improving outcomes for prepayment consumers.
As a key focus of its Consumer Vulnerability Strategy, Ofgem is keen to help prepayment meter consumers access more competitive tariffs. This consultation considers ways to address the cost for consumers in vulnerable situations who may go through the warrant process.
Consultation on the draft Simple Procedures
Money Advice Scotland has submitted its final written response to the Scottish Civil Justice Council following its consultation on draft rules of court for simple procedure.
The proposals are set to replace the current small claims and summary cause procedures with a new simplified procedure for all actions with a value of £5,000 or less.
Money Advice Service Business Plan 2016/17
Money Advice Scotland has submitted its response to the recently published Money Advice Service Business Plan for 2016/17.
The consultation called for views on the future strategy for the Service including whether the plan met the distinctive financial capability needs of the devolved nations. Despite rising personal debt levels, the budget allocation for the provision of debt advice in Scotland remained static compared with increases across England, Wales and Northern Ireland.
The Business Plan also pledges to double the proportion of indebted people who seek advice from 17% to 34% by 2020.
APPG on the Financial Education of Young People
Money Advice Scotland was pleased to respond to the inquiry of the APPG on Financial Education for Young People into the effectiveness of financial education in schools.
The inquiry closely follows the recently published Financial Capability Strategy for Scotland which found that 53% of young adults are struggling or falling behind with payments and one in five could not read the balance on a bank statement.
Our response was bolstered by input from our financial capability team who are presently increasing its activity in schools to complement the existing provision of financial education within the Curriculum for Excellence.
HM Treasury Consultation: Public Financial Guidance
Money Advice Scotland was pleased to respond to the Treasury's consultation on Public Financial Guidance which sought views on the future public provision of debt and money advice.
The consultation was run alongside the FCA's Financial Advice Market Review (FAMR) and the government has signalled its intent to consider responses before reporting back ahead of Budget 2016.
Bankruptcy (Scotland) Bill - additional written evidence
Following the oral evidence session held on 15 December 2015 - and specifically the suggestion that the Debt Arrangement Scheme (DAS) should be included as part of the consolidation of bankruptcy law - Money Advice Scotland has submitted further written evidence to the Delegated Powers and Law Reform Committee.
Bankruptcy (Scotland) Bill
Money Advice Scotland was pleased to contribute a written submission to the Delegated Powers and Law Reform Committee's call for evidence on the Bankruptcy (Scotland) Bill.
Call for views - Funeral Poverty
During a time of bereavement, it is often difficult to cope with the loss of a loved one whilst also dealing with complex financial implications. Across Scotland, more and more people are taking on debt to meet the costs of a basic, dignified funeral for a loved one.
To assist in the design of a financial capability module based on bereavement as well as our wider policy work, Money Advice Scotland is seeking views from its members on the rise of funeral poverty.
Low Pay Commission Consultation on the National Living Wage
Money Advice Scotland is pleased to contribute to the Low Pay Commission's consultation on the National Living Wage. The proposals come at a time of stagnating wage levels. Despite the return of GDP growth, real median household income remains 2.4 per cent below the 2009-10 peak.
With that in mind, any proposal that aims to improve the living standards of the lowest paid workers is to be welcomed. However, the National Living Wage must be considered as part of the wider context of in-work poverty and the comprehensive reform of the welfare system to ascertain whether the poorest workers will be better off.
Work of the Scottish Affairs Committee
Money Advice Scotland welcomes the opportunity to respond to the investigation of the Scottish Affairs Committee on the role and scope of its work over the course of this Parliament.
In the months and years to come, Money Advice Scotland is of the view that the Scottish Affairs Committee will play an ever more important role both in terms of scrutinising the policymaking of the UK Government, as well as ensuring close and effective collaboration on issues that overlap and interconnect with the remit of the Scottish Parliament.
FCA Payday Loans Price Cap Consultation
Money Advice Scotland (MAS) welcomes the FCA’s proposed price cap, incorporating both interest rates and all fees and charges. We believe the proposed cap is set at the appropriate level.
CMA Investigation into Payday Lending
Money Advice Scotland is pleased for the opportunity to contribute to the CMA's investigation into competition within the payday loan market.
Whilst welcoming the possible remedies proposed, it remains the view of Money Advice Scotland that the measures only go a small way to resolving the wider problems in the payday lending market.
Consultation on the Proposed Merging of the STS and the SCS
Money Advice Scotland welcomes the opportunity to respond to the consultation on the proposed merging of the Scottish Tribunals Service and the Scottish Courts Service.
Our members include many experienced money advisers with a track-record for representing clients in both courts and tribunals. Money Advice Scotland therefore has an interest in the consultation from the perspective of its members and the individual court and tribunal users whom they represent.
Courts Reform (Scotland) Bill
Money Advice Scotland welcomes the opportunity to respond to this consultation paper. This response is based on the views and opinions expressed by some of our members who attended a consultation day which we held on 30 April 2013.
Our members include many experienced money advisers, with a background of representing clients throughout the court process, primarily in relation to small claims, debt, rent arrears, mortgage repossessions and sequestration cases. This response aims to reflect the views of those advisers in relation to the likely impact of the proposals on their day to day work, but more importantly the impact these will have on the individual court users whom they represent.
Wiseradviser training programme for April '17 to March '18 now available at www.wiseradviser.org
Crieff Hydro, Perthshire, Thursday 22nd & Friday 23rd June 2017