Protection Review supports this idea as the state will not provide the safety net that many families assume it will.
For too long, those in charge have over-regulated the best while allowing some of the worst practices to prosper.
Focusing regulation on what people need to know about financial services should serve consumers’ best interests.
One of the FSA’s key objectives is to promote public awareness and understanding of the financial system. It is a sad fact that many people are not aware of the risks they have taken on by default or the range of value solutions the industry can offer to manage those risks.
Protection Review surveys have shown that the public and IFAs are hungry for more information and the FSA has the clout to help ensure that can happen.
Protection Review will give its help and support to any campaign that looks to increase awareness among the public.