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Training firm turns advisers into tutors

Financial training company fe4 is driving a campaign for improved financial education by working with employment, government and education organisations using IFAs as tutors.

The firm was set up last year and takes basic financial skills training to the workplace and into schools and colleges. Fifty IFAs have passed its course to work as a tutor and another 150 are in training.

It claims that staff are almost twice as likely to make financial decisions if they get information and guidance through their employers. The firm believes that many people do not understand the basic reasons why saving is important and there is general consumer apathy towards the financial sector.

Chairman Fiona Price says: “This offers advisers the chance to develop training skills to generate extra fee income and build their client base.”

Managing director Les Hanson says: “Fe4 believes that learning about money is an essential life skill, which should be available to everyone.”

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