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EnactedFinancial Guidance and Claims Act 2018

OverviewTimeline112Debates19Amendments60

Proposed amendments

60 amendments across 7 provisions

Clause 1 1

Amendment #7138#7138WithdrawnAmends text
Amendment text
at end insert—
As soon as is practical after the completion of the transfer schemes referred to in subsection (7), the single financial guidance body must produce a business plan which must—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Clause
1
Lord McKenzie of Luton

Clause 2 47

Amendment #7107#7107WithdrawnAmends text
Amendment text
after “occupational” insert “, state”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7116#7116Not movedAmends text
Amendment text
at end insert “and to individuals who may be expected to be contemplating major financial commitments, such as, but not limited to, mortgages, pensions and vehicle finance plans,”
Stage
Committee stage
Type
EditBillBody
Clause
2
Baroness Kramer
Amendment #7121#7121Not movedAmends text
Amendment text
at end insert—
The money guidance function must include, but is not limited to—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Committee stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7129#7129Not movedAmends text
Amendment text
at end insert “including by means of provision to the public of a pensions dashboard.”
Stage
Committee stage
Type
EditBillBody
Clause
2
Baroness Drake
Amendment #7131#7131WithdrawnAmends text
Amendment text
at end insert—
financial inclusion,”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7133#7133WithdrawnAmends text
Amendment text
at end insert—
“that must remain free at the point of use for members of the public.”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7140#7140WithdrawnAmends text
Amendment text
at end insert—
In relation to the strategic function, such advice to the Secretary of State may include advocating for the introduction of a period of up to 12 months during which time interest and other charges on an individual’s debts may be frozen, and enforcement action halted, in order to allow them time to seek and act upon debt advice.”
Stage
Committee stage
Type
EditBillBody
Clause
2
Baroness Kramer
Amendment #7154#7154Not movedAmends text
Amendment text
at end insert—
Under this Act, providing information, guidance and advice to members of the public includes providing information to self-employed members of the public.”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7156#7156WithdrawnAmends text
Amendment text
leave out subsection (5) and insert—
The debt advice function is to commission the provision of sufficient debt advice services, which are to be free at the point of use, to meet the needs of people in financial crisis in England.”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7157#7157Not movedAmends text
Amendment text
at end insert—
The single financial guidance body must commission the provision of debt advice services on the basis of consultation with relevant bodies involved in the provision of information, guidance and advice on personal debt.”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7170#7170Not movedAmends text
Amendment text
at end insert—
the awareness of scams and frauds relating to financial products,”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7172#7172Not movedAmends text
Amendment text
leave out “young people” and insert “adults”
Stage
Committee stage
Type
EditBillBody
Clause
2
Baroness Altmann
Amendment #7173#7173Not movedAmends text
Amendment text
at end insert—
public understanding of how to access information and guidance,
Stage
Committee stage
Type
EditBillBody
Clause
2
Baroness Altmann
Amendment #7176#7176WithdrawnAmends text
Amendment text
leave out “advice” and insert “counselling”
Stage
Committee stage
Type
EditBillBody
Clause
2
Baroness Altmann
Amendment #7178#7178Not movedAmends text
Amendment text
leave out “and advice” and insert “, guidance and counselling”
Stage
Committee stage
Type
EditBillBody
Clause
2
Baroness Altmann
Amendment #7183#7183WithdrawnAmends text
Amendment text
at end insert—
the debt solutions function.”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7185#7185WithdrawnAmends text
Amendment text
leave out “provide” and insert “ensure provision of”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7186#7186WithdrawnAmends text
Amendment text
leave out “provide” and insert “ensure provision of”
Stage
Committee stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7188#7188WithdrawnAmends text
Amendment text
after “children” insert “, care leavers”
Stage
Committee stage
Type
EditBillBody
Clause
2
The Earl of Listowel
Amendment #7300#7300WithdrawnAmends text
Amendment text
at end insert “including by means of provision to the public of a pensions dashboard.”
Stage
Report stage
Type
EditBillBody
Clause
2
Baroness Drake
Amendment #7312#7312AgreedAmends text
Amendment text
after “public,” insert “free and impartial”
Stage
Report stage
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7313#7313AgreedAmends text
Amendment text
after “England,” insert “free and impartial”
Stage
Report stage
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7314#7314AgreedAmends text
Amendment text
after “public,” insert “free and impartial”
Stage
Report stage
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7331#7331WithdrawnAmends text
Amendment text
at end insert—
access to financial services for people in vulnerable circumstances,”
Stage
Report stage
Type
EditBillBody
Clause
2
Baroness Finlay of Llandaff
Amendment #7347#7347AgreedAmends text
Amendment text
at end insert—
the consumer protection function;”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord Sharkey
Amendment #7348#7348AgreedAmends text
Amendment text
at end insert—
In exercising its functions the single financial guidance body must have regard to the effect of cold-calling on consumer protection and must make and publish an annual assessment of any consumer detriment.
Stage
Report stage
Type
EditBillBody
Clause
2
Lord Sharkey
Amendment #7349#7349AgreedAmends text
Amendment text
at end insert—
The consumer protection function includes the obligation for the single financial guidance body to pass on casework from consumers to the FCA relating to—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
EditBillBody
Clause
2
Lord Sharkey
Amendment #7356#7356WithdrawnAmends text
Amendment text
after “support” insert “financial inclusion and to support”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7357#7357Not movedAmends text
Amendment text
at end insert—
to contribute to the reduction and elimination of financial exclusion, in particular for vulnerable individuals, families and communities.”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7358#7358WithdrawnAmends text
Amendment text
after “children” insert “, care leavers”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7359#7359Not movedAmends text
Amendment text
at end insert “and to individuals who may be expected to be contemplating major financial commitments, such as, but not limited to, mortgages, pensions and vehicle finance plans,”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7360#7360DisagreedAmends text
Amendment text
at end insert—
the awareness of scams and frauds relating to financial products,”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7361#7361Not movedAmends text
Amendment text
at end insert—
The single financial guidance body must produce a report advising the Secretary of State on how government departments might best assess the impact on financial inclusion, financial capability and household debt of any proposals for a change to public expenditure, administration or policy.
Stage
Report stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7362#7362WithdrawnAmends text
Amendment text
at end insert—
In seeking to improve the provision of financial education to children and young people, the single financial guidance body may advise the Secretary of State that—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7363#7363WithdrawnAmends text
Amendment text
at end insert—
As part of undertaking its strategic function to improve the financial capability of members of the public, the single financial guidance body must carry out research on a periodic basis, in collaboration with other bodies with an interest in debt issues, to determine—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7364#7364Not movedAmends text
Amendment text
after “organisations,” insert “and prioritising the allocation of resources to front line advice and guidance delivery”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7365#7365Not movedAmends text
Amendment text
at end insert—
The single financial guidance body must ensure that sufficient funds are allocated towards the discharging of its debt advice function to meet the reasonable needs of members of the public in England.”
Stage
Report stage
Type
EditBillBody
Clause
2
Lord Stevenson of Balmacara
Amendment #7367#7367Not movedAmends text
Amendment text
at end insert—
In order to support working across the money guidance, pensions guidance and debt advice sectors, the single financial guidance body must work collaboratively with—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
EditBillBody
Clause
2
Lord McKenzie of Luton
Amendment #7368#7368WithdrawnNew clause / schedule
Amendment text
Leave out clause 2 and insert the following new clause—
“Objectives and functions

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
Report stage
Type
AddClauseOrSchedule
Clause
2
Lord Stevenson of Balmacara
Amendment #7790#7790AgreedNew clause / schedule
Amendment text
Insert the following new Clause—
“Objectives

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
3rd reading
Type
AddClauseOrSchedule
Clause
2
Baroness Buscombe
Amendment #7791#7791AgreedAmends text
Amendment text
at end insert—
Where the single financial guidance body provides information, guidance or advice to a person in pursuance of one of the functions mentioned in subsection (1)(a) to (c), it must consider whether the person would benefit from receiving information, guidance or advice in pursuance of any other of those functions (and it must ensure that SFGB delivery partners are under a similar duty).”
Stage
3rd reading
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7792#7792AgreedAmends text
Amendment text
leave out “support and co-ordinate the development of” and insert “develop and co-ordinate”
Stage
3rd reading
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7793#7793AgreedAmends text
Amendment text
leave out lines 21 and 22 and insert—
In developing and co-ordinating the national strategy, the single financial guidance body must work with others, such as those in the financial services industry, the devolved authorities and the public and voluntary sectors.”
Stage
3rd reading
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7794#7794AgreedAmends text
Amendment text
leave out subsection (14)
Stage
3rd reading
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7795#7795AgreedAmends text
Amendment text
leave out subsection (15)
Stage
3rd reading
Type
EditBillBody
Clause
2
Baroness Buscombe
Amendment #7796#7796AgreedRemoves provision
Amendment text
Divide clause 2 into two clauses, the first (Functions) consisting of subsections (1) to (3) and (9) to (13A) and the second (Cold-calling) consisting of subsections (4) to (8)
Stage
3rd reading
Type
DeleteClauseOrSchedule
Clause
2
Baroness Buscombe
Amendment #7933#7933AgreedAmends text
Amendment text
at end insert “, and
advice to the Secretary of State on the establishment of a debt respite scheme (see section (Debt respite scheme: advice to the Secretary of State)).”
Stage
3rd reading
Type
EditBillBody
Clause
2
Baroness Buscombe

Clause 3 1

Amendment #7797#7797AgreedAmends text
Amendment text
leave out from “In” to “insert” in line 2 and insert “section 137FB of the Financial Services and Markets Act 2000 (FCA general rules: disclosure of information about the availability of pensions guidance), after subsection (3)”
Stage
3rd reading
Type
EditBillBody
Clause
3
Baroness Buscombe

Clause 4 2

Amendment #7934#7934AgreedNew clause / schedule
Amendment text
Insert the following new Clause—
“Debt respite scheme: advice to the Secretary of State

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
3rd reading
Type
AddClauseOrSchedule
Clause
4
Baroness Buscombe
Amendment #7935#7935AgreedNew clause / schedule
Amendment text
Insert the following new Clause—
“Debt respite scheme: regulations

Only the heading is published via the Bills API — the full text of this new clause/schedule is set out in the marshalled Amendment Paper.

Stage
3rd reading
Type
AddClauseOrSchedule
Clause
4
Baroness Buscombe

Clause 14 1

Amendment #7798#7798AgreedAmends text
Amendment text
leave out subsection (9)
Stage
3rd reading
Type
EditBillBody
Clause
14
Baroness Buscombe

Clause 19 1

Amendment #7799#7799AgreedAmends text
Amendment text
at end insert—
“the “devolved authorities” means—

The Bills API publishes only the tabling instruction here, not the inserted text itself — the full wording is set out in the marshalled Amendment Paper.

Stage
3rd reading
Type
EditBillBody
Clause
19
Baroness Buscombe

Clause 20 7

Amendment #7800#7800AgreedAmends text
Amendment text
leave out “England or Wales” and insert “Great Britain”
Stage
3rd reading
Type
EditBillBody
Clause
20
Baroness Buscombe
Amendment #7801#7801AgreedAmends text
Amendment text
leave out “England or Wales” and insert “Great Britain”
Stage
3rd reading
Type
EditBillBody
Clause
20
Baroness Buscombe
Amendment #7802#7802AgreedAmends text
Amendment text
leave out “England and Wales” and insert “Great Britain”
Stage
3rd reading
Type
EditBillBody
Clause
20
Baroness Buscombe
Amendment #7803#7803AgreedAmends text
Amendment text
leave out “England and Wales” and insert “Great Britain”
Stage
3rd reading
Type
EditBillBody
Clause
20
Baroness Buscombe
Amendment #7804#7804AgreedAmends text
Amendment text
leave out “England and Wales” and insert “Great Britain”
Stage
3rd reading
Type
EditBillBody
Clause
20
Baroness Buscombe
Amendment #7805#7805AgreedAmends text
Amendment text
leave out “England and Wales” and insert “Great Britain”
Stage
3rd reading
Type
EditBillBody
Clause
20
Baroness Buscombe
Amendment #7806#7806AgreedAmends text
Amendment text
leave out “England and Wales” and insert “Great Britain”
Stage
3rd reading
Type
EditBillBody
Clause
20
Baroness Buscombe