‘Advice NI were contacted by a client who was a single parent and seeking advice on whether they had continued entitlement to Working Tax Credit working 16hrs per week, or if they needed to claim Universal Credit.
In November 2017, the Northern Ireland Bankruptcy Legislation change and one of these changes meant that a creditor cannot apply to petition a client for personal bankruptcy if the debt is under £5k.
The Open Banking initiative commences on 13th January 2018 and was created by the Competition and Marketing Authority, who identified many customers are paying more than they should for their banking activities.
Advice NI conference heard from Neil Couling who was appointed Director General for the Universal Credit programme in GB in 2014, amid fears about the impact of the new benefit on low income households in Northern Ireland.
My monthly goals are set for the New Year before Big Ben chimes on New Year’s Eve. Typically, I set small achievable goals for different areas in my life, so I see small results and I don’t fail by first week in February. I still like you, assist clients set goals with budgets every day
Michael Lyttle explains how the impact of recession, welfare reform, spending cuts and unemployment is severely effecting the already disadvantaged members of society that we serve. Michael explains some superb Apex initiatives.
Financial Capability refers to our ability to manage money well day to day, prepare for and manage life events, and deal with financial difficulties. It also focuses on our financial skills and knowledge as well as our attitudes and motivation.
More vulnerable, poorer borrowers who maybe have zero-hour contacts or self-employed, part time work will be less able to repay the lump sum of their mortgage are likely to be seeking advice, which is why the FCA is ramping up efforts to encourage banks and borrower seek new arrangements.
This “Understanding, Avoiding & Challenging Sanctions” Guide is designed to assist frontline generalist advisers in their work in supporting benefit claimants who are at risk of being sanctioned or who have been sanctioned.
