Wiseradviser training update: new schedule announced
Please note that new dates have been released for Wiseradviser training courses for the period of October 2016 to March 2017.
If you would like to sign up for any course, please log into your Wiseradviser account and apply online.
Below is a list of upcoming courses for October 2016:
Introduction to debt (17-Oct-16, Glasgow)
Good practice (19-Oct-16, Glasgow)
DAS: Putting it into practice (24-Oct-16, Glasgow)
Debt and mental health (26-Oct-16, Glasgow)
Insolvency options (27-Oct-16, Glasgow)
Tailoring advice (31-Oct-16, Glasgow)
If you have any queries or questions regarding the training, please contact a member of the Events Team on 0141 572 0237.
Adults born in 1980s half as wealthy as 1970s counterparts
A new report from the Institute for Fiscal Studies (IFS) has underlined the inter-generational inequality facing young adults.
The IFS analysis shows that people in their early 30s had average net household wealth of £27,000 in terms of equity, pension savings and other investments.
People born ten years earlier in the 1970s had accumulated household wealth of £53,000 at the equivalent stage.
The authors note that those born in the early 1980s were the first post-war cohort not to enjoy higher incomes in early adulthood than those born in the previous decade.
This trend is explained by the long-term pay stagnation that followed the financial crisis and disproportionately impacted young adults.
Inter-generational inequality also plays a part in long-term financial prospects.
Fewer than 10 per cent of private-sector employees born in the early 1980s were active members of a Defined Benefit pension scheme, compared to more than 15% of those born in the 1970s and nearly 40% of those born in the 1960s.
The report highlights that auto enrolment has ensured much higher membership of employer pension schemes, albeit on far less generous terms than in previous decades.
This webinar session will be delivered by Emma Crouch (Welfare Rights Worker, Chair and Facilitator of the Dundee Advice Workers Forum and Knowledge Hub Group), Sandra Sankey (Improving Outcomes in Money Advice Project Manager at the Improvement Service) and Kristoffer Boesen (Media & Communications Officer at the Improvement Service).
Participants will learn how advice workers have made use of this online collaboration tool in Dundee, as well as the positive outcomes.
This good practice model has been highlighted as a case study through the Improving Outcomes in Money Advice Project.
The webinar will help you learn from the approach taken in Dundee, learn more about the Knowledge Hub, and inform you regarding the support available from the Improvement Service which may help strengthen and support your own partnerships and networks.
The webinar session will take place on the 28th October, from 11-11.30am.
For more details, or if you have any questions in advance of this session, please get in touch with Sandra Sankey, or Paige Barclay.
Ofgem has published its latest data on social reporting from energy suppliers for 2015.
The number of gas customers in debt fell from 1,198,000 in 2014 to 1,055,000 in 2015.
Across the same period, the number of electricity customers in debt fell from 1,386,000 to 1,229,000.
Despite a drop in the number of customers in debt, the average debt owed by customers has increased to around £600 each for both electricity and gas accounts at the point a customer entered into a repayment arrangement.
Scotland has the highest proportion of gas customers in debt and the highest proportion of customers in arrears for both gas and electricity compared to England and Wales.
Gas customers in Scotland have also seen the largest growth in the proportion of prepayment meters, with annual increases between 5% and 12% each year from 2009-2014.
The increase in average debt has led to calls for suppliers to engage with indebted customers at an earlier stage.
