Policy and Government

At CAP we don’t want to just treat the symptoms of poverty; we also want to address the causes. That’s why we’re working tirelessly behind the scenes to shape and influence the policies that affect our clients. It means we get to speak on behalf of the vulnerable to the people with the power to change their lives. And our voice is growing louder.

Industry professionals seek our opinion on current issues, and our recommendations get heard in Parliament. Change is happening. Below are some of the ways in which we are fighting for justice amongst the country’s key decision-makers.

House of Lords Select Committee on Financial Exclusion

calendar14 September 2016

The House of Lords appointed a Select Committee on Financial Exclusion in May 2016 to consider financial exclusion and access to mainstream services. Their first call for evidence included a wide range of topics from financial education to the impact of welfare reforms. We were invited to share our insights as part of this call for evidence and submitted a written response. Read CAP’s submission below.

Read the full document here

Help to Save

calendar20 July 2016


The government is introducing a new scheme to help low income households to save for rainy days. We support any action to enable and encourage people to save. Targeted at those on low incomes, Help to Save is a welcome initiative to help plug the gap in the current savings incentivising schemes that predominately benefit those on higher incomes. HM Treasury are consulting on how this scheme will be implemented and we have provided a response to help shape this scheme so it works effectively.  However, it is important to acknowledge that a significant proportion of low income households will be ineligible for Help to Save. Read more below. 
 

Read the full document here

Energy Market Investigation and latest fuel poverty statistics

calendar01 July 2016

Yesterday the Department of Energy and Climate Change (DECC) released the latest fuel poverty statistics. Based on 2014 data, they found 2.38m households to be fuel poor, a 1.4% increase on 2013. They reported the average fuel poverty gap of these households, the amount needed to escape fuel poverty, to be £371 per year. DECC’s policy focus is often predominately around energy efficiency, but at the sharp end where clients are choosing to 'heat or eat', energy affordability is key. Last week the Competition and Markets Authority (CMA) also published their final report following a two-year investigation into the energy market. This recognised that prepayment is often not a choice for the predominately low income households that use this payment method and that they face higher levels of excessive pricing. We are pleased that the CMA acknowledged fuel poverty is experienced most severely by prepayment customers in abrupt self-disconnection and welcome the steps they have recommended to address this. However, the CMA’s remedies focus primarily around competition issues and we will continue to work with energy providers and the wider sector to ensure wider consumer welfare issues are taken into full consideration.

Retail banking market investigation

calendar30 June 2016

The Competition and Markets Authority (CMA) is conducting an investigation into the retail banking market, look particularly at the personal current account market. They have published their provisional decisions on remedies to correct the issues they’ve identified. We broadly support these remedies as positive steps, especially those concerning overdraft users, and have provided feedback to help shape these remedies to be as effective as possible.

Read the full document here

New partnership aims to help disabled people with debts

calendar24 June 2016

Remploy has just teamed up with CAP to launch a new service to help people in financial hardship.The partnership means those who find themselves struggling with debt problems will be offered the opportunity to receive free support from CAP. Michael Bishop, who is Remploy’s Strategic Engagement Director, said: 'More than a quarter of families with a disabled person are in poverty so we know that both finances and employment are huge issues. We are delighted to be partnering with CAP, which offers free, face-to-face debt help through a series of home visits, meaning that the service is particularly accessible.”

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Previous reports:

Client report 2014 Client report 2013

Introducing CAP's External Affairs team

Meet the team representing CAP and building relationships in the credit and debt advice industries, as well as the third sector and with the Government:

Dawn Stobart
Director of Debt Management & External Relations

Helen Webb
External Relations Manager

Rachel Gregory
External Relations Analyst

Daniel Kelly
Creditor Relations Manager

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