Credit Management March 2020

More documents

Recommendations

Info

Are you making the most of CICM and your membership? . ó Qualifications Business news and industry updates Credit Management magazine Webinars ! , M $ Advice line Apprenticeships Mentor service Case studies - B Tailored training elearning CICMQ Knowledge Hub K P s Benevolent fund Local events Workshops Thought leadership What is the CICM? For you, for your team and for business The CICM is the largest recognised professional body in the world for the credit community. When you join us, our network of members across the world becomes your professional family. We have been promoting the importance of credit management, influencing government policy and regulation and supporting credit professionals through their careers since 1939. It is our reason for being, and our passion for expertise in the credit and collections profession is second to none. info@cicm.com www.cicm.com 01780 722900
BRANCH NEWS Spring Clean Your Finances CICM Sheffield and district branch SHEFFIELD & District Branch members and guests arrived for the AGM to enjoy a light supper and time to network before the meeting began. The committee welcomed Phil Holbrough, Chair of Yorkshire Ridings Branch and Regional Representative. Branch Secretary Myron Fedak opened the AGM, Branch Treasurer Graham Browes presented his financial report and Branch Chair Paula Uttley covered events. Once the formalities of the AGM were concluded, the was floor handed to Martyn Gregory and Aaron Alcock of 2plan wealth management. Who would have thought that a presentation covering pensions, taxation and death could have been so entertaining! THE Branch’s AGM, held at FRP Advisory LLP in Brentwood, opened with FRP Director Martin Weller’s insightful snapshot of the present insolvency world, which sparked lively discussions. He explained that CVAs continue to have a low rate of success with many failing to reach their targeted solution to turn their business around. The April reintroduction of the crown preference, when HMRC will rank behind fixed charge holders and ordinary preferential creditors (employees) but ahead of floating charge holders and unsecured creditors, will potentially have an impact on the level of recoveries that can be achieved by any creditors ranking behind HMRC. Credit managers will be intrigued as to how this plays out in the coming year! Martin also talked about the increasing power of Companies House, the clamp down on loan charge schemes, and IR35 changes. Branch committee member Katherine Bailey, standing in as a speaker, gave an Martyn and Aaron guided us through the quagmire of pensions explaining just what we should be thinking about and, more importantly, when. They also covered wider investment options and answered many questions from the floor throughout. The presentation was extremely informative, delivered in plain English and most enjoyable – raising plenty of laughter from the audience. Following their main presentation, Martyn and Aaron were available for one-to-one surgeries for even more individual questions.Many thanks to Martyn Gregory and Aaron Alcock of 2plan wealth management and to all attending members and guests for making the evening a great success. Author: Paula Uttley MCICM(Grad), Branch Chair. First in Line East of England branch update on the mentorship programme, the knowledge hub, the apprenticeship scheme, tutoring, and the training partnerships with CICM. Chairman Atul Vadher reported on another good year, including the Branch events in central London, Chelmsford and Norwich. Atul highlighted the success of the London conference in November, which was held in conjunction with the Kent Branch. Atul says it was the highest-attended Branch event in the entire country, with excellent feedback on the venue, content and speakers. Atul thanked Goodman Masson for hosting and sponsoring, and thanked the speakers, and Cforia for sponsoring the business card draw. Denise Bassingthwaighte’s Treasurer’s report, given by Vice Chairman Richard Brown FCICM in her absence, advised a healthy bank balance thanks to the generosity of sponsors Goodman Masson, Hays, Valor Hospitality Europe and FRP Advisory LLP. An 11-strong Branch Committee was elected to include Liam Hastings and Mark Maynard – who took over as Treasurer from the retiring Denise Bassingthwaighte. Atul thanked Denise for her support over many years, as well as the rest of the committee. Carol Baker gave an update and sought views on possible events and locations in 2020. After much discussion the Committee took away a number of ideas for consideration. Authors: Richard Brown FCICM and Lyn Commons WE WANT YOUR NEWS! Get in touch with Andrew Morris by emailing andrew.morris@cicm.com with your branch news and event reports. Please only send up to 400 words and any images need to be high resolution to be printable, so 1MB plus. Advancing the credit profession / www.cicm.com / March 2020 / PAGE 67
Page 1 and 2:
CREDIT MANAGEMENT CM MARCH 2020 £1
Page 3 and 4:
20 TREADING CAREFULLY Brian Murnane
Page 5 and 6:
Advancing the credit profession / w
Page 7 and 8:
Profit margins tumble for food supp
Page 9 and 10:
‘‘The recent huge escalation in
Page 11 and 12:
INSOLVENCY SPECIAL NOISES OFF Are c
Page 13 and 14:
CONSUMER COLLECTIONS AUTHOR - Sean
Page 15 and 16: CONSUMER COLLECTIONS AUTHOR - Sean
Page 17 and 18: INTERVIEW WATCHING BRIEF Sean Feast
Page 19 and 20: INTERVIEW AUTHOR - Sean Feast FCICM
Page 21 and 22: OPINION AUTHOR - Brian Murnane The
Page 23 and 24: SECTOR FOCUS POWERING DOWN Is the e
Page 25 and 26: PERSONAL DEVELOPMENT AUTHOR - Clive
Page 27 and 28: OPINION Silver Service Insolvency a
Page 29 and 30: VIEW FROM THE SEA FRONT AUTHOR - Da
Page 31 and 32: Onguard’s integrated platform of
Page 33 and 34: WANT BETTER CASHFLOW? LET’S MAKE
Page 35 and 36: Supplement special The CICM British
Page 37 and 38: There are easier ways to achieve pe
Page 39 and 40: To find out more contact us: T: 020
Page 41 and 42: Diversity and Inclusion Award Winne
Page 43 and 44: The Real Alternative for High Court
Page 45 and 46: Rising Star of the Year Winner Emma
Page 47 and 48: PROUD SPONSORS OF THE OUTSTANDING C
Page 49 and 50: Advancing the credit profession / w
Page 51 and 52: AWARDING BODY Congratulations to al
Page 53 and 54: IT’S A FUNNY OLD WORLD… NOT SO
Page 55 and 56: ASK THE EXPERTS AUTHOR - Matt Godby
Page 57 and 58: Everything youneed forAML complianc
Page 59 and 60: GET YOUR CREDIT CONTROL SALARY SURV
Page 61 and 62: INNOVATION CREDITFORCE INTELLIGENT
Page 63 and 64: Too big to fail isn’t true IT'S s
Page 65: PAYMENT TRENDS Data supplied by Cre
Page 69 and 70: • International and UK Collection
Page 71 and 72: CREDIT CONTROLLER Central Reading,
Page 73 and 74: Each of our Corporate Partners is c
Page 75 and 76: www.cicm.com ‘‘ CICM offered th
Page 77 and 78: CICM MEMBER EXCLUSIVE Your CICM lap
Page 79 and 80: More reasons to be a member Make co
Page 81 and 82: FOR ADVERTISING INFORMATION OPTIONS
Page 83 and 84: PAYMENT SOLUTIONS ARE YOU A LEADER
show all

Credit Management March 2020

Create successful ePaper yourself

Delete template?

Save as template?