Caution urged as free financial advice service launched

Moneymadeclear, described by the FSA as effectively the "brand name" for Money Guidance, includes access to a helpline, website and face-to-face advice services. The FSA says "fully trained" individuals will be on hand to offer basic financial "guidance" for telephone and in-person customers, which will be available from next month following a successful pilot in the North East. Chancellor Alistair Darling says the cost of the service, which it expects will help about a million people in the next year, will be funded by a levy on the financial sector and funds recovered from dormant b...