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StepChange Debt Charity responds to FCA announcement on debt management firm PDHL PDF Print E-mail
Thursday, 10 March 2016

In response to the Financial Conduct Authority (FCA) announcement that debt management firm PDHL has been refused authorisation, Mike O’Connor, Chief Executive of StepChange Debt Charity, said: “It is essential that people seeking debt advice get the right advice and support and the Financial Conduct Authority’s work on improving the standards of the debt management sector is welcome.

“Our partnership with the Money Advice Service means that free advice, independent advice is in place to ensure that people affected by firms exiting the market have somewhere to turn for help. We are ready to provide a safe harbour.”

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