Date: 28th October 2022
Time: 10:00 – 11:30am
Credit Unions have increasingly been in the spotlight with the government promoting Credit Unions as a more cost effective and safer alternative to High Cost Short Term Lending (& with BNPL, Alt lending in the background). The Bank of England is reporting rising assets and growing member books.
However, following another FCA portfolio letter in March 2022 (re oversight and controls), the publication of the Consumer Duty in July 2022, falls out from the pandemic and increasing costs of living for members this increased profile and opportunities for transformation is being brought into the spotlight.
During this event we will discuss some of these challenges, what has been seen in other markets, look at some of the latest data, to see if we can find some ideas and solutions to help the sector.
|Principal, Kevin Still Consulting & VRS
|Managing Partner, Bridgeforce
|CEO, Vulnerability Registration Service
|Founder, Absolutely Admin
Thank you to our event sponsors who have helped make this event possible
We would also like to thank ABCUL for supporting this event. ABCUL host events and provide full support as the trade body for the sector.
Agenda & Documentation
|Instructions for event
|Introductory comments & video
|Opportunities and Challenges for Credit Unions
|Digitising the Collections process
|Vulnerability and cost of living challenges
|Survey Results overview
|Q&A and discussion
Meeting recording (password provided via email)
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