• Banner2
  • Training Videos
  • Banner1
  • Regulation Slider

Last week Cost of Living payments started to be issued, as a result  there has been an increase in the number of calls from Credit Unions, Corporate appointees and some NHS Secure Units to advise that they have been unable to identify who the payments should be allocated to as the reference is just 'Cost of Living'.

A solution has been agreed with Finance colleagues which will allow Credit Unions, Corporate Appointees and NHS Secure Units to email to following inbox This email address is being protected from spambots. You need JavaScript enabled to view it. with the payment reference numbers and 'Cost of Living payment' in the subject line. This will allow Finance to identify by return email who these payments are intended for.

Download cost of living payments template here


How to join ACE

Why should you affiliate yourself with ACE? click here to find out

Apply here to become affiliated

ACE on Facebook

Facebook page for ACE
https://www.facebook.com/ACECUServices
Check it out and like/follow for latest updates.

JOB VACANCY - Business Development Manager

ACE is currently looking to employ a Business Development Manager to help attract new members and promote ACE Credit Union Services across the Credit Union sector in Great Britain. Applications with a CV should be sent to bill.hudson@acecus.org The closing date for applications is 13/10/2023 with interviews being held in Manchester on the 23/10/2023

Job_Decription_Business_Dev_manager.pdf

ACE Newsletter July 2023

Our latest newsletter is available to view here

Following the trade bodies meeting with the PRA and FCA you can read about what you will need to do to take advantage of the new products and services being offered to credit unions through the Financial Servicesand Markets Act 2023. The FCA also lays out its expectations for credit unions as Consumer Duty becomes a reality on the 31st July 2023.

News

Latest Newsletter

Our latest newsletter is available to view here

Bilingual, free and impartial money guidance 

The Money & Pension Advice team have produced bilingual, free and impartial money guidance for your customers, clients or staff. More information is available here

Coronavirus COVID 19

You may have already started to write your own Contingency Plans for the impact of COVID 19. With thanks to all UK Credit Union Trade Associations the factsheet here is not meant to replace or change anything that you have already implemented but it might help those of you who have not yet planned how to respond to the impact of Covid-19 as yet. 

 

2020 Budget proposes changes to Credit Union legislation 

The Chancellor announced at Budget yesterday that the Government will bring forward legislation to allow credit unions to offer a wider range of products and services to their members, supporting their vital role in financial inclusion. The Budget document is available here, and the specific announcement is on p100.

As the Government conducted a wide-ranging consultation on the future of the credit union sector in 2014, they believe it would be unnecessary to repeat the process at this point. However, HM Treasury is keen to engage with the sector on the specifics of the changes.

 

Important Dates

September 2023
S M T W T F S
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30