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.
07 November 2017
Christians Against Poverty (CAP) has been mentioned in Ofgem’s latest consumer vulnerability report. The report explores the extent to which vulnerable consumers are experiencing positive outcomes in the retail energy market, concluding that the industry should respond to the findings and drive up their own standards. CAP’s Offline and shut out and Poor pay more briefings were cited, as well as our Client report. We were also mentioned as being one of the third parties working with suppliers, to help provide direct, impartial financial advice and support.
Click here to read the full report.
26 October 2017
The FCA has proposed changes to their rules and guidance on assessing creditworthiness in consumer credit and CAP has responded to their consultation. CAP agrees with the fundamental changes to the rules and guidance, which aims to reduce financial distress caused by being granted unaffordable credit. We welcomed the FCA's approach to assessing creditworthiness, but were cautious about how thorough firms will be, encouraging the FCA to review the changes in the future. To view our full response, click below.Read the full document here
02 October 2017
DAS is pioneering in the statutory protections it offers, but we are concerned that it does not provide debt relief for those with multi-complex needs who do not have stable circumstances. In practice, it leaves room for more collections, reassignment and enforcement than expected and those in vulnerable situations often experience continued anxiety and risk further financial detriment. Take a look at our recommendations to the AiB in the form of this briefing: capuk.org/settingthepace
20 September 2017
We are standing alongside other charities in the call to halt the roll out of Universal Credit. Citizens Advice's report Universal Credit and Debt and StepChange Debt Charity's briefing titled Third Party Deductions highlight the pressing issues with the benefit system, which leaves people without money to buy food or pay their rent. Whilst we support both the principle of Universal Credit and easy debt repayments, it is paramount that people do not face hardship as a result.
15 September 2017
CAP has responded to Ofgem's latest consultation about default tariffs customers are rolled onto when they come to the end of a fixed-term contract and do not make an active choice. We welcomed the intended outcomes of this proposal - to reduce the number of customers on more expensive Standards Variable Tariffs (SVT). We were happy to see the proposal permitting suppliers to roll customers onto another fixed-term deal, as well as the criteria set to ensure the tariff is suitable. We believe, however, that the Relevant Fixed Term Default Tariff should be cheaper than the alternative SVT, to address risks of uncertainty. Read the rest of our response below.Read the full document here