The Money Advice Service is inviting organisations to join a consultative group to provide insight on their early experiences of the Standard Financial Statement.

Additional Scottish date added for Money Advice Service Best Practice conferences.

Detailed report now available for download.

The Standard Financial Statement launched on 1 March 2017 when several organisations began using the new format.

However, a transition window will run for around 12 months from 1 March 2017 to allow time a wider group of organisations to implement appropriately.

Today, 1 March 2017, sees the launch of the new Standard Financial Statement (SFS), an initiative designed to bring greater consistency to the way organisations assess people’s finances when they are in debt.

Registration to become a SFS user is now live on the SFS website. 

On 8 February, the Money Advice Service will begin a series of conferences for debt advisers across the UK.