The FSA is rolling out its financial educational programme to a further 50 universities in light of the poor fiscal management among UK adults.
The Money Doctors project targets the financial competency of students in higher education, assisting them in dealing with debt and taking control of their own finances. To date, the FSA has helped train 100 student money advisers at 50 universities across the UK and hopes to double that number in 2008/09. Chris Pond, director of financial capability at the FSA, said: "The FSA's Money Doctors programme is a new approach to financial education and seeks to address some of the causes of student financial problems. Our research shows that young people are least able to manage their financ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes