Debt Advice to Trust Staff

Description

The Authority has a requirement for a debt advice agency (or agencies) to provide a money, <br/>debt and welfare entitlements advice service to Trust staff, both physically on its sites and <br/>remotely. <br/>By ‘debt advice’ our intent is this incorporates debt, housing and welfare advice, as well as <br/>signposting for support in other areas. For clarity, we do not require the service to provide <br/>regulated financial advice as defined by the Financial Conduct Authority (FCA). We do, <br/>however, expect providers to have relevant permissions from the FCA for debt advice, <br/>unless they qualify for an exemption by law. Lot 1: The Authority has a requirement for a debt advice agency (or agencies) to provide a money, <br/>debt and welfare entitlements advice service to Trust staff, both physically on its sites and <br/>remotely. <br/>By ‘debt advice’ our intent is this incorporates debt, housing and welfare advice, as well as <br/>signposting for support in other areas. For clarity, we do not require the service to provide <br/>regulated financial advice as defined by the Financial Conduct Authority (FCA). We do, <br/>however, expect providers to have relevant permissions from the FCA for debt advice, <br/>unless they qualify for an exemption by law.