The Standard Financial Statement (SFS) is an income and expenditure statement with a single set of spending guidelines. It is intended to replace the Common Financial Statement (CFS) and other financial statement formats, including the one used by StepChange Debt Charity. The SFS will also introduce a savings element, which is designed to build financial resilience. Led by the Money Advice Service, the SFS initiative is backed by, and being developed in partnership with, advice providers (including AdviceUK), as well as creditors, trade associations and other interested parties.
AdvicePro launches new films to explain more about the service. AdvicePro and AdviceUK have created a series of films that will help explain a bit more about AdvicePro as well as demonstration films about the specific services work. More can be found on the YouTube Channel.