Govt launches £76m advice service for financially excluded

The new service will be run as part of the Department for Business, Enterprise and Regulatory Reform (BERR) money advice initiative which has already recruited and trained over 500 new money advisers and helped over 66,000 clients with debt problems. Through the plan, the Government aims for everyone in the UK to have access to the financial system and manage their finances by 2008-11. New initiatives will include £12m to fund dedicated staff to work to promote financial inclusion locally, with a focus on increasing the availability and awareness of home contents insurance for low-inc...