View more on these topics

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.”

Recommended

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 […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com