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An individual voluntary arrangement (IVA) is a formal alternative in England and Wales for individuals wishing to avoid bankruptcy. In Scotland, the equivalent statutory debt solution is known as a protected trust deed. The IVA was established by and is governed by Part VIII of the Insolvency Act 1986.
December 2011, Christians Against Poverty were granted their own Group Licence by the Office of Fair Trading alongside other leading debt counselling bodies, such as CAB and Advice UK. The Financial Conduct Authority, which replaced the Office of Fair Trading in 2014, gave Christians Against Poverty full authorisation in 2017.
6 Terrible Pieces of Money Advice To Ignore If You Want To Get Rich. Yaël Bizouati-Kennedy. June 23, 2024 at 5:00 PM. ... “The opportunity cost of such a strategy is quite high. Investors ...
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An independent financial advisers (IFA) is a professional who offers independent advice on financial matters to their clients and recommends suitable financial products from the whole of the market. The term was developed to reflect a United Kingdom (UK) regulatory position and has a specific UK meaning, although it has been adopted in other ...
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