Election Threat to Free Financial Advice

Sunday, April 4, 2010 16:06
Posted in category Money

financing quick guideUK’s General Election is threatening to derail plans to provide oversee guidance on money matters available to the public over the Internet, by phone and in person. The programme of Money Guidance would go under the umbrella of Moneymadeclear—educational brand of the FSA.
A Bill is passing through Parliament. It would enable the programme to be funded partly by the FSA, partly by the financial services industry and partly by money released from cash held in forgotten bank accounts.
However, the Bill may never be passed, unless it passes through Parliament before the election, which seems quite unlikely now.

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