Universal Credit poses a significant but manageable risk to housing associations, according to an overview of the sector published by the ratings agency Moody's.
In its update 'English Housing Associations: Lingering Downside Risks Despite Positive 2012 Results', Moody's said the new benefits system - to be rolled out from October 2013 - had the potential to put pressure on Moody's-rated housing associations but they were set to manage the challenges, particularly given the positive financial results t...
