The ifs School of Finance has highlighted the important role of financial education in these current climes as a building block for restoring confidence in financial services.
In a position statement, Phil Hall, head of media and public affairs at the ifs School of Finance, asserted that the financial services sector is likely to remain in turmoil for the foreseeable future, and as such education and good practice will be critical to rebuilding a sustainable sector. The statement cited four key areas as requiring attention: education for the consumer; education for sales staff/customer advisers; education for financial managers and education for current and future industry leaders. ifs asserted that it could play a part in addressing this tetrad of issues. Th...
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