Times Investigation Reveals Worrying Inconsistencies in the Standard of Debt Advice

A Times investigation into the standard of debt advice within the debt industry has revealed worrying inconsistencies and concerns about the capacity of the Third Sector to cope with growing demand. Whilst regulatory reforms have so far concentrated on individual debt solutions, the contradictory advice given to pensioner Fred McCarthy from a number of respected organisations, highlights the need for an agreed set of advice principles to be adopted throughout the industry (see Debt Advice Foundation's Blueprint for Ethical Debt Advice for more information on the charity's campaign for the regulation of debt advice). Click here to see full story.