MAS to develop financial education code of practice

With research by the organisation showing the industry currently invests about £25m annually in 36 programmes, mainly targeting under-18s, the MAS said there was already "very strong support" for financial education. However, it said there was a need for a code, which would be completed by next year, to promote an agreed framework for the delivery and measurement of financial behavioural change. Among the issues it will seek to tackle will be the lack of suitable and agreed key performance indicators within evaluations. Money Advice Service chairman Gerard Lemos said: "Developing f...