Move to regulate debt management industry and hold counsellors accountable

The National Debt Counselling Association (NDCA) has proposed that the government must enhance standards in the sector and prevent unregistered or unethical practitioners from posing as legitimate debt counsellors. The proposal was recently submitted to the department of trade, industry and competition, the National Credit Regulator and other debt-counselling industry players The NDCA said it…

PRS REIT moves a step closer to winding down

PRS Reit (The)    moved a step closer to winding down on Thursday, after publishing a circular outlining plans for a members’ voluntary liquidation, following shareholder approval last month for the sale of its holding company.The FTSE 250 company’s board said completion of the sale of PRS HoldCo was expected on or around 11 December, after…