DEMSA update: Cost-of-Living / Cyber-attacks / MaPS debt advice 2022 / ISO 22458 / ICO intervention / Complaint stats / VRS event update

From the desk of Kevin Still
In today’s bulletin

General update
MaPS debt advice trends in 2022
MaPS Financial Wellbeing Barometer
Creditfix response to CP21/30 – Debt Packagers
MAT response to the FCA Consumer Duty
ISO 22458 update
ISO 27001 – IE accreditation
Breathing Space update - newsletter
Digital debt resolution
AML – IPA 2022 checklist
Cyber-attacks
Event feedback

General update
Events in Ukraine and the cost-of-living increases in the UK have been dominating the headlines. The Money Charity February 2022 update focuses on the cost-of-living crisis. Amongst a number of factors reducing disposable income for millions of households, they have featured increasing rents across the UK as another indicator of the crisis. The MaPS survey (see below) also features this for both social and private renters. 18.5% of households live in homes that are privately rented. Low-income households living in privately rented homes spent an average of 56.4% of their income on rent.

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