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Money matters

The Scottish Consumer Council's policy work on money matters is focused on the interests of low-income consumers.

As financial services is an area reserved to the UK parliament, most work in this area is carried out by our colleagues at the National Consumer Council (NCC).

NCC highlights and researches problems consumers encounter when trying to gain access to suitable financial products and services, such as:

banking
credit
financial advice
saving products
pensions

You can find out more about this work by following this link:

NCC: Money Matters

Credit and debt in Scotland

SCC has been involved in discussions on consumer credit reform, and has responded to government on a number of related issues, in relation to the position of consumers in Scotland.

We also responded to proposals by the previous Scottish Executive s to

introduce a debt arrangement scheme in Scotland
reform bankruptcy laws
reform the law of diligence

The SCC is also represented on the Cross-Party Cross-Parliamentary Group in the Scottish Parliament on Tackling Debt.

For further information about managing money and choosing financial products visit the Financial Services Authority's consumer website here.