AITC calls for Financial Education Agency

Its proposed agency would coordinate financial education nationwide through involvement with local education authorities, operating within a similar structure to the Financial Ombudsman Service - falling under the umbrella of the FSA, but with a separate management, board and budget, the AITC says. Coordinating an approach to financial educations would provide better outcomes, the association believes, although it is the funding issue that is most important to ensure. Current commitments of financing from companies and organisations towards education is important, but the funding ques...