Trust Deed and Debt Arrangement Scheme data: FOI release

Information requested

Trust Deeds:

1. The total number of Live Trust Deeds in Scotland, broken down by month and year of signing and by Trustee;

2. Total number of successfully Completed Trust Deeds, broken down by Calander month and year (last 10 years), and by Trustee if possible;

3. Total number of failed Trust Deeds, broken down by Calander month and year (last 10 years), and by Trustee if possible;

4. Median debt level by Calander month and Trustee, last 10 years, top 20 Trustees only;

5. Median debt level by year, last 10 years in Trust Deeds;

6. Median contribution level by year, last 10 years in Trust Deeds;

7. Median dividend payments by year, last 10 years;

8. Median Disposable income payment / contribution payment by calendar month and year, including Trustee, last 10 years, for top 20 Trustees (by volume) only;

9. Median life cycle / duration of a Trust Deed (completed), broken down by year of signing, last 10 years, for top 20 Trustees (by volume);

10. Median life cycle / duration of a Trust Deed (failed), broken down by year of signing, last 10 years, for top 20 Trustees (by volume);

11. Average dividend payment successfully paid to creditors, by Trustee, by month & year, last 10 years, against what was proposed;

12. Average dividend payment proposed in Trust Deed to creditors, by trustee, by month & year, last 10 years.

13. Total fees paid in Trust Deeds paid to Trustees, broken down by Trustee per month & year, last 10 years.

DEBT PAYMENT PLANS (DAS)

1. Total number of live DPP's in Scotland, broken down by month & year of approval (last 4 years);

2. Total number of live DPP's in Scotland, broken down by year of approval and who the appointed CMA is;

3. Percentage of revoked DPP's by length of survival and money adviser (last 5 years);

4. Percentage of ingathered contributions v's expected contributions by calendar month and top ten money advisers (for last 4 years)

5. Median debt level by calendar month and money advisers (for last 4 years), top 20 money advisers;

6. Median contribution level by Calander month and money advisers (for last 4 years), top 20 money advisers;

7. Median life cycle of a DPP in Scotland by money adviser (last 5 years), top 20 money advisers;

8. Median failure or revoked time line for a DPP by money adviser, by year, (last 5 years), to include top 20 money advisers;

9. Median completion time line for a DPP by money adviser , by year, (last 5 years), top 20 money advisers.

10. Total fees paid to CMA, and their elected PD (including details of the PD) and AIB by month & year (last 5 years), to include top 20 money advisers;

Response

Some of the information you have requested is available on Annex A and Annex B to this response.

Annex A - Trust Deeds:

• 1. Table 1 - Live PTDs
• 2. Table 2 - Completed PTDs
• 3. Table 3 - Failed PTDs
• 4. Table 4 - Median debt level
• 5. Table 5 - Median debt level (year)
• 6. Table 6 - Median contribution level
• 7. Table 7 - Median dividend
• 8. Table 8 - Median contribution by trustee
• 9. Table 9 - Median duration completed
• 10. Table 10 - Median duration failed
• 11. Table 11 - Average dividend
• 12. Table 11 - Average dividend
• 13. Table 12 - An exemption applies to the information requested under section 33(1)(b) of FOISA (commercial interests). This exemption applies because disclosure of this particular information would, or would be likely to, prejudice substantially the commercial interests of individual trustee organisations. Disclosing this information would be likely to give their competitors an advantage, which would substantially prejudice their ability to be competitive in the market and so could significantly harm their commercial business. This exemption is subject to the ‘public interest test’. Therefore, taking account of all the circumstances of this case, we have considered if the public interest in disclosing the information outweighs the public interest in applying the exemption. We have found that, on balance, the public interest lies in favour of upholding the exemption. We recognise that there is a public interest in disclosing information as part of open and transparent government, however, there is a greater public interest in protecting the commercial interests of these companies which are involved in the administration of Trust Deeds in Scotland, to ensure that those involved in these services are always able to obtain the best value. However, we have provided the average fees paid per month over all cases.

Annex B - DAS Cases

• 1. Table 1 - Live DPPs
• 2. Table 2 - Live DPPs by CMA
• 3. Table 3 - Revoked DPPs survival
• 4. Table 4 - Ingathered v expected
• 5. Table 5 - Median debt and contribution by MA
• 6. Table 6 - Median duration live DPP
• 7. Table 7 - Median duration failed DPP
• 8. Table 8 - Median duration completed DPP
• 9. AiB does not have some of the information you have asked for because we only hold data on AiB as a Payment Distributor This is a formal notice under section 17(1) of FOISA that the Scottish Government does not have some of the information you have requested. However, I am not able to provide it with this response as the data is still being verified. I do hope to provide it by the end of next week.

About FOI

The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at https://www.gov.scot/foi-responses.

FOI 202400429626 - Information released - Annex A

File type

Excel document

File size

305.6 kB

FOI 202400429626 - Information released - Annex B

File type

Excel document

File size

172.6 kB