TISA's Charles McCready: This crisis has shown people need more personalised financial guidance

Only 9% of people get advice

clock • 4 min read

The current crises has shown that more people need access to financial help, writes the Tax Investment and Savings Alliance's Charles McCready, who thinks the rules around financial guidance need to be reviewed...

Crises bring out the best and the worst in people. Sadly, a day hasn't gone by when I haven't heard about a new financial scam looking to take advantage of the ills churned up by Covid-19. As a nation, we applaud those heroes who spend their days trying to keep us safe and we are heartened and touched by those who have gone to extraordinary lengths to raise money and awareness to help those at risk. All the while, unscrupulous scammers target the vulnerable to make a buck or two. Scammers succeed in times of uncertainty, when consumers are bombarded with information via email and the ...

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