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686963
registered interest false more like this
date less than 2017-02-08more like thismore than 2017-02-08
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Money Advice Service remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, with reference to paragraph 2.10 of the Government's response to the independent review of the Money Advice Service, published in March 2015, when his Department plans to publish the terms of reference for an in-depth review of the impacts of additional statutory consumer protections. more like this
tabling member constituency Plymouth, Moor View more like this
tabling member printed
Johnny Mercer more like this
uin 63759 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-02-20more like thismore than 2017-02-20
answer text <p>The government response to the Independent Review of the Money Advice Service was published by the coalition government. This government shares the view that it is essential to ensure the right options and incentives are available to consumers to help them deal with their debts.</p><p> </p><p>The government is considering in detail the impacts of additional statutory consumer protections, ensuring that any potential changes would fit well with the formal and informal debt solutions currently available to consumers. For example, the government has committed to exploring whether some form of ‘breathing space’, a statutory period of protection from repayment and enforcement action, would be a useful and viable addition to the current range debt solutions available to consumers and creditors.</p><p> </p><p>Work is continuing on this review, and the government plans to report back shortly.</p> more like this
answering member constituency Brighton, Kemptown more like this
answering member printed Simon Kirby more like this
question first answered
less than 2017-02-20T11:48:37.457Zmore like thismore than 2017-02-20T11:48:37.457Z
answering member
3929
label Biography information for Simon Kirby more like this
tabling member
4485
label Biography information for Johnny Mercer more like this
524919
registered interest false more like this
date less than 2016-06-14more like thismore than 2016-06-14
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Money Advice Service remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, whether any of the successor organisations to the Money Advice Service will have a specific remit to promote financial education amongst young people. more like this
tabling member constituency Solihull more like this
tabling member printed
Julian Knight more like this
uin 40576 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-06-29more like thisremove minimum value filter
answer text <p>The government is committed to improving financial capability among the public and recognises that increased financial capability for consumers will lead to better outcomes for both individuals and the wider economy. Helping hard-working people achieve their aspirations at every stage of their lives is at the heart of our long term plan. That is why we launched the Public Financial Guidance consultation in Budget 2016 to seek input on what role the government should play in promoting financial capability<strong>,</strong> and how the public provision of free-to-client, impartial financial guidance should be structured to give consumers the information they need to make financial decisions. The consultation closed on 8 June. The government is currently considering the responses and will respond in the Autumn. The government recognises the importance of giving young people the skills they need to make financial decisions, which is why financial education has been on the national secondary school curriculum in England since September 2014.</p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN 40579 more like this
question first answered
less than 2016-06-29T13:02:22.617Zmore like thismore than 2016-06-29T13:02:22.617Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
4410
label Biography information for Julian Knight more like this
524920
registered interest false more like this
date less than 2016-06-14more like thismore than 2016-06-14
answering body
HM Treasury more like this
answering dept id 14 remove filter
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Money Advice Service remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, whether any successor organisations to the Money Advice Service will have a remit to promote financial capability amongst the public. more like this
tabling member constituency Solihull more like this
tabling member printed
Julian Knight more like this
uin 40579 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-06-29more like thisremove minimum value filter
answer text <p>The government is committed to improving financial capability among the public and recognises that increased financial capability for consumers will lead to better outcomes for both individuals and the wider economy. Helping hard-working people achieve their aspirations at every stage of their lives is at the heart of our long term plan. That is why we launched the Public Financial Guidance consultation in Budget 2016 to seek input on what role the government should play in promoting financial capability<strong>,</strong> and how the public provision of free-to-client, impartial financial guidance should be structured to give consumers the information they need to make financial decisions. The consultation closed on 8 June. The government is currently considering the responses and will respond in the Autumn. The government recognises the importance of giving young people the skills they need to make financial decisions, which is why financial education has been on the national secondary school curriculum in England since September 2014.</p>
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
grouped question UIN 40576 more like this
question first answered
less than 2016-06-29T13:02:22.697Zmore like thismore than 2016-06-29T13:02:22.697Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
4410
label Biography information for Julian Knight more like this