Centre for Policy on Ageing



Office of Fair Trading: financial services strategy — consultation response
Author(s)	Jane Vass
Corporate Author	Age Concern and Help the Aged
Publisher	Age Concern and Help the Aged, London, June 2009
Pages	3 pp (Consultation response, Ref: 3209)
Source	Age Concern England, Astral House, 1268 London Road, London SW16 4ER. www.ageconcern.org.uk Help the Aged, 207-221 Pentonville Road, London N1 9UZ. www.helptheaged.org.uk
Keywords	Financial services [older people] ; Financial institutions ; Consumer ; Social policy ; Age Concern ; Help the Aged ; Comments or Evidence submitted.
Annotation	The Office of Fair Trading (OFT) published its 'Financial services strategy' consultation paper in April 2009. Age Concern and Help the Aged asks OFT to take account of four aspects of policy. First, the interests of disadvantaged consumers. Second, the implications of the Equality Bill currently before Parliament in respect of irresponsible lending, risk pricing of credit products, and the public sector equality duty (the requirement of financial inclusion of older people). Third, the increase of problem debt for those forced out of work in their 50s. Lastly, the wide availability of financial education (not just on the internet), for example OFT's research on victims of scams. (RH).
Accession Number	CPA-090910005 P
Classmark	J: WNL: WY: TM2: PT: PYH: 6PM *
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...from the Ageinfo database published by Centre for Policy on Ageing.