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 updateMaPS debt advice trends in 2022MaPS Financial Wellbeing BarometerCreditfix response to CP21/30 – Debt PackagersMAT response to the FCA Consumer DutyISO 22458 updateISO 27001 – IE accreditationBreathing Space update - newsletterDigital debt resolutionAML – IPA 2022 checklistCyber-attacksEvent 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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