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FSA looks for ‘quick wins’ to allay fears on education

The FSA is hoping to score “quick wins” to convince consumers that its financial education plans have not stalled.

It is drawing up a list of schemes that could generate short-term results after firms’ concerns over the time it was taking to develop a financial capability strategy.

An FSA report on the last steering group meeting says: “The steering group was concerned that this could be perceived, externally, as a lack of progress.” It adds that January’s meeting “could consider where the quick wins are and how the communications plan should link to the delivery of products.”

IMA director of training and education Victoria Nye, who is on one of the FSA financial capability working groups, says: “There is a concern that people will think that nothing has been achieved. It is a long-term strategy and a lot of it is not very exciting stuff.”


Britannia International calls on index duo

Britannia International has unveiled the guaranteed income and growth bond, a combination of a high interest account and a guaranteed equity bond. It is available to investors with at least 10,000.

Pushing the Poat out – Tony Wickenden

In my last column, as well as looking at schemes involving property that do not appear to be caught by the new pre-owned assets rules, I started to look at schemes that are caught by the rules.

Axa opens protection account to Sesame members

Axa’s protection account is now available to Sesame network members as part of its phased market roll-out. The account – which is currently available via Bankhall, Millfield, Tenet and Lifesearch – offers a menu-based proposition, including life cover, critical-illness cover, income protection and household insurance. Sesame has a total of around 7,000 advisers across the […]


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