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Financial capability
 — the Government's long-term approach: [consultation paper]
Corporate AuthorHM Treasury
PublisherHM Treasury, London, January 2007
Pages62 pp
SourceWeblink at: http://www.hm-treasury.gov.uk/4718.htm
KeywordsFinancial services [older people] ; Advisory services [elderly] ; Social policy ; Government publications.
AnnotationThe government has committed itself to playing an active role in meeting the challenge of increasing consumers' financial capability. An independent taskforce has been asked to design a generic financial advice service, and a cross-departmental ministerial group will co-ordinate the government's work to ensure that government programmes link effectively to the new service. This consultation paper sets out the Government's long-term aspirations to ensure that all adults in the UK have access to high-quality generic financial advice to help them engage with their financial affairs and make effective decisions about their money; and that all children and young people have access to a planned and coherent programme of personal finance education, so that they leave school with the skills and confidence to manage their money well. A further aspiration is that a range of Government programmes is focused on improving financial capability, particularly to help those who are most vulnerable to the consequences of poor financial decisions. Comments on the strategy were sought by the Treasury by 13 April 2007. (KJ/RH).
Accession NumberCPA-081117002 E
ClassmarkJ: IT: TM2: 6OA

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