What you need to know this week
- Royal Mail is increasing the price of 1st class stamps to £1.65 from October 2024.
- Christians Against Poverty (CAP) reports that 47% of debt advice seekers have a deficit budget.
- The Financial Conduct Authority (FCA) banned debt packager referral fees in June 2023.
- Oversight of Appointed Representatives is showing areas for improvement in effectiveness.
- Morgan Ash has published a vulnerability checklist to aid firms with Consumer Duty requirements.
- Lowell Debt Download notes that 46% of young gamblers have used credit to fund betting activities.
- Experian’s Q1 2024 Affordability Report discusses consumer resilience and evolving credit behaviours.
- The FCA’s exploration of financial exclusion highlights challenges for the most excluded consumers.
- The CSA report finds that consumer fears of debt litigation are over-exaggerated.
- Upcoming Vulnerability Management training event on 14 October 2024, 1pm.
- Collaboration Network conference on mental capacity on 2 October 2024.
- IPA Personal Insolvency Conference on 28 November 2024.
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