Blog: Why debt advice is too important to cut

Melanie Bien, director of Private Finance, queries why the coalition would scale back its free debt advice service at the very moment more people may need it.

clock •

Melanie Bien, director of Private Finance, queries why the coalition would scale back its free debt advice service at the very moment more people may need it.

Events of the past week make one wonder whether we really are ‘all in this together’. Firstly, there was an undignified scuffle before the football transfer window closed, with footballers moving clubs for up to £50m, earning as much as £175,000 a week in the process. This was followed by further tales of largesse as bankers' bonus season got into full swing. At the other end of the scale are the severe cutbacks to essential services that communities rely upon. Children's centres, day centres for the elderly and disabled, libraries, even Lollipop ladies, are all being axed in an ef...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Women in Financial Advice Awards 2026: Photo highlights from the night

Women in Financial Advice Awards 2026: Photo highlights from the night

Celebrating the best women in advice and financial services

Professional Adviser
clock 06 November 2026 • 1 min read
Feel Good Friday: Rathbones donates £35,000 to London Youth

Feel Good Friday: Rathbones donates £35,000 to London Youth

Youth Work Week

Professional Adviser
clock 06 November 2026 • 1 min read
Women in Financial Advice Awards 2026: Winners' gallery

Women in Financial Advice Awards 2026: Winners' gallery

Championing women in advice and financial services

Professional Adviser
clock 05 November 2026 • 1 min read