FSA launches debt guidance site for 'young adults'

The regulator says the site – www.whataboutmoney.info - will guide, inform and aid young people and forms part of its National Strategy for Financial Capability. Its launch follows FSA research suggesting that around 80% of young people are already in debt by the age of 21. Chris Pond, FSA’s director for financial capability, says: “The website has been designed specifically for young adults and focuses on the money issues that they themselves have told us they are most interested in. “It is another important milestone for the FSA’s National Strategy for Financial Capability which aim...