The FSA moved a step closer to a nationwide Money Guidance service this week after confirming a number of partner groups for its regional pilot scheme.
As part of the £12m Money Guidance Pathfinder, the FSA and its charitable and private sector partners will roll out a free financial advice service across the North of England.
Following a tender process, the FSA and Treasury have partnered with five organisations to run the pathfinder project.
The partners are: private sector contractor A4E, the Citizens Advice Service network of advice charities, the Knowsley Advice Forum partnership of Knowsley's advice sector, the Liverpool Money Talk Consortium and outsourced call centre provider, Teleperformance.
The FSA says it is continuing to look for additional partners to help provide the service, with more to be announced in Spring 2009.
Ian Pearson, economic secretary to the Treasury, says: "I'm delighted to announce today a major step towards delivery of the Money Guidance pathfinder, which we are on track to launch this spring.
"Impartial, trusted guidance on money matters - which is geared to addressing users' needs and questions, not selling financial products - is needed more than ever."
Contact: John Bakie, Tel: 020 7484 9805, e-mail: [email protected]IFAonline
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