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Home Media Centre Press Releases 2011

UKAR to sponsor debt advice conference

04 Nov 2011

View the full press release [PDF size 96KB].

UK Asset Resolution ("UKAR") has been confirmed as a sponsor of this year's Money Advice Liaison Group conference and exhibition – an event that brings the UK debt advice community together to debate current issues and spread best practice.

Those attending include creditors, debt collecting agencies, debt advisers, regulators and people across the UK working within the consumer credit and debt industry.

This headline theme of the conference, which takes place on November 23 at the Savoy Place in London is: The changing debt landscape – a change for the better? In line with this theme, speakers from across the sector will discuss plans that the Government is proposing for the industry, including the implications of the creation of the Financial Conduct Authority and the future funding for free-to-client debt advice services.

Erica Swales, Operations Director at UKAR said: "We are pleased to be supporting this year's MALG event and to be contributing to the overall debate. The meeting of industry professionals is particularly important at a time when the sector is playing such a key role in helping people to manage their finances."

Anthony Sharp, Chair, MALG commented: "The Money Advice Liaison Group is extremely grateful to UKAR for its generous financial support of the 2011 Annual Conference and Exhibition. It is this type of support than enables MALG, with its 54 organisations in membership, to continue its important liaison work between creditors, debt collection agencies and the advice sector, both fee and free, for the sole purpose of promoting good practice and communication between all sectors."

UKAR manages the closed mortgage businesses of Bradford & Bingley (B&B) and Northern Rock Asset Management (NRAM).

More information about MALG and its annual conference, visit www.malg.org.uk

ENDS

UKAR media contact:
Nigel Charlesworth
Tel: +44 (0)1274 806 397/+ 44 (0)7909 213 772
E-mail: nigel.charlesworth@ukar.co.uk

Notes to editors

Images are available from the press office.

About UKAR

UKAR was established on 1 October 2010 to facilitate the orderly management of the closed mortgage books of both B&B and NRAM, to maximise value for taxpayers. The Executive team of UKAR manages both organisations focusing on this common objective, while ensuring that both companies continue to treat customers fairly, deliver consistently high levels of service and support those customers facing financial difficulty.

UKAR has 771,000 customers (B&B 231,000, NRAM 540,000). This makes UKAR one of the UK's largest mortgage providers – in terms of share of outstanding mortgage stock.

Money Advice Liaison Group

The Money Advice Liaison Group, formed in 1987, is a non-policy making discussion forum for creditors, debt collecting agencies, enforcement officers, debt advisers and others wishing to promote greater communication, understanding and professionalism between organisations with an interest in personal credit and debt. It has over 50 such national bodies in membership.

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