Education is 'armour' against deceptive advertising - MPs


Education can provide "armour" against financial mismanagement and misleading advertising, MPs said yesterday.

In a backbench debate on financial education for the young, MPs said education holds the key to preventing a generation of children slipping into financial mismanagement amid soaring levels of individual insolvency. The debate, led by Conservative MP Andrew Percy, was triggered by a motion calling for financial education to be included in the national curriculum to help address the problem of irresponsible borrowing and personal insolvency. MPs said misleading advertising is at the heart of problems some people are getting into, including taking out short-term loans and pay-day loans....

To continue reading this article...

Join Professional Adviser

  • 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.



Already a Professional Adviser member?


More on Investment

"It's very important that we don't just allow companies to compete against each other," says Sacha Sadan.

FCA: 'Too early' for rules over sustainable board members

The regulator's head of ESG speaks out at a conference

Sian Barnett Wike
clock 26 May 2023 • 2 min read
Gilt yields near Mini Budget highs after hotter-than-expected UK inflation

Gilt yields near Mini Budget highs after hotter-than-expected UK inflation

Two year gilt yields have risen to 4.48%, the highest level since last September’s peak

Valeria Martinez
clock 26 May 2023 • 2 min read
Paul Ilott (pictured), managing director of Scopic Research

How to consider volatility parameters in multi-asset funds

Key questions for advisers to consider around investment decisions

Paul Ilott
clock 26 May 2023 • 4 min read