Govt announces action plan for family finances

The joint initiative, in conjunction with the FSA, aims to give consumers more access to free advice to help them become more confident with money matters. The Financial Capability Action Plan, announced by chief secretary to the Treasury, Yvette Cooper, and chief executive of the FSA, Hector Sants, forms part of the Government’s efforts to deal with strained household finances. Major initiatives in the plan include expanding the FSA’s Moneymadeclear website and consumer helpline to give specialist advice on debt problems, mortgages and utility bills, as well as expanded information for...