Consumer education strategy looking at guidance and advice launched

Running over the next ten years, the strategy seeks to improve people's ability to manage money well day to day, prepare for and manage life events, and deal with financial difficulties. It will also look at educating people in the difference between financial advice and guidance and to make them understand when they need advice and how to get it. The strategy will focus on both developing people's financial skills and knowledge as well as their attitudes and motivation.   Problems Before launching the strategy, the MAS carried out research among 5,000 people and consulted ...