Advisers seek state funds to aid debt crisis

A GROUP of independent financial advisers has asked the Government for funding to provide a service to assist people struggling withsevere debt problems.

The Future Group, which was founded 18 months ago by several Munster-based financial advisers, claim there is a gap in current services for people with complex debt and the self-employed who are not catered for by the Money Advice and Budgeting Service.

The group’s spokeswoman, Frances O’Hanlon, said they had already received positive feedback on their proposal from a number of members of the Cabinet including Finance Minister Brian Lenihan.