Church of England launches financial advice service
The Church of England has launched a program encouraging responsible financial practices, providing advice services to congregants in parishes across the UK.
The Church Credit Champions Network will be piloted in the dioceses of London, Southwark and Liverpool and aims to “train up church members to offer responsible advice on financial matters”, according to a BBC report.
In addition, the report says the program will “encourage consumers to use credit unions rather than payday lenders” following the “Archbishop of Canterbury’s criticism of payday lenders in July last year”.
"We still see the effects of payday lending on deprived communities and the way they exploit people's need for credit," said spokesperson David Barclay. "We need alternatives.”
UFAA calls disillusioned AFA, FPA members to action
EXCLUSIVE The AFA and FPA have failed advisers as industry bodies, a newer group...
Brisbane boutique advice firm expands to Sydney
Brisbane-based advice firm MGD has opened an office in Sydney as part of a strat...
Estate planning riddled with client pitfalls
Too many Australians apply a “set-and-forget” approach to the contents of th...