Financial Services Authority (FSA) Announcement
New help for people with money worries
More support to tackle people's money concerns has been announced by Yvette Cooper, MP, Chief Secretary to the Treasury, and Hector Sants, CEO of the Financial Services Authority (FSA).
The Financial Capability Action Plan sets out new measures to give people free advice and assistance to help them to manage their finances. The action plan aims to make further progress towards the FSA's and the Government's goal of helping people become better informed, better educated and more confident with money. For those in immediate financial difficulty, the Government already funds over £200m of debt advice for individuals - in the form of National Debtline and Citizens Advice and local bureaux.
To give you some straight forward facts and advice about financial services and products, the FSA has created the money made clear website. This site cuts out the jargon and gives you the necessary facts to help you make an informed decision.
Next steps:
For more information, take a look at the following websites:
