The Financial Services Authority has revealed which organisations will be awarded money from its financial capability innovation fund.
The total fund for 2007 is £200,000 and it will be given to five projects which the FSA regard as demonstrating creative approaches to financial capability: The National Housing Federation – which plans to tailor existing materials created by SAFE (Services Against Financial Exclusion) at Toynbee Hall to create a guide to help social housing workers give tenants a better understanding of personal finance; Gingerbread – which will use the funding to develop resource packs for groups of lone parents in England and Wales containing basic learning about money and budgeting; Prince...
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