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FSA conference to shape Money Guidance pathfinder program

The FSA is holding a conference for key figures from the Government, the financial services industry and voluntary organisations to finalise its Money Guidance pathfinder program.

The conference, ‘Money Guidance Pathfinder: The path ahead’, will be held on July 20-22 at St John’s College, Cambridge.

The meeting will be addressed by Treasury Minister Kitty Ussher and Aegon CEO Otto Thoresen.

The conference will cover how best to reach and engage with those who could benefit most from Money Guidance and the best way of delivering tailored guidance. Delegates will also look at how to use digital technology to support the face-to-face service.

The program will be piloted in the North East and North West of England early in 2009.

FSA director of financial capability Chris Pond says: “The conference represents a significant milestone in the delivery of the pathfinder program. It will bring together key stakeholders to help us refine our vision for the pathfinder, provide an opportunity for them to have an input to our thinking and be a forum for seeking engagement from those who could have an important role in helping us to shape and deliver it.

“We launched our National Strategy for Financial Capability in 2006 and it has made great strides in tackling the low levels of financial capability in the UK. We have now helped almost four million people get to grips with their finances. In partnership with the Government, we want to develop money guidance to give more consumers the capability to make sound money choices, to know what questions to ask of their financial service provider, and, just as importantly, to have the confidence to do so and to know where to go if things go wrong.”

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