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Vulnerability is crucial to all firms due to the significance placed upon firms by the FCA. It is at the heart of their regulation.
The global pandemic has intensified the challenges for firms and the operationalising of vulnerability is key to supporting vulnerable customers with financial difficulties; many of whom have never been in arrears before.
This course has been adapted from the more general Vulnerability course on offer, specifically geared at those working with vulnerable customers struggling to maintain contractual payments and catch up with debts accrued since the impact of Covid19 hit consumer finances.
By the end of both workshops you will:
Lead Trainer, Money Advice Trust
Colin Trend has a wealth of experience in the finance and debt sectors; from roles with private, public and voluntary organisations. He has tutored wi...
Colin Trend has a wealth of experience in the finance and debt sectors; from roles with private, public and voluntary organisations. He has tutored with the Money Advice Trust since 2007 and works directly with a variety of creditor firms.
Colin is the lead tutor with the Money Advice Trust on their vulnerability programme, assisting both in the UK and overseas. With Chris Fitch, he co-authored the Trust's vulnerability guidance for advice agencies, launched by the charity with the backing of a range of organisations across the advice sector in June 2016.
The Money Advice Trust is a charity helping people across the UK to tackle their debts and manage their money with confidence. The Trust runs National...
The Money Advice Trust is a charity helping people across the UK to tackle their debts and manage their money with confidence. The Trust runs National Debtline and Business Debtline, and also provides training and consultancy to creditors across sectors on identifying and supporting customers in vulnerable circumstances.