- Warning. Beware of financial advisers promising unusually high investment returns.
- In Money Marketing this week the Financial Services Authority is warning advisers about the dangers of selling dodgy non regulated investment products. What about warning the public?
- Wed 28th Jul 2010
- Have you been miss-sold your mortgage and are now stuck in mortgage hell.
- I have been speaking to a number of mortgage gurus over the last few days and the prickly topic that keeps cropping up is mortgage miss-selling.
- Wed 14th Jul 2010
- Bank of England to hold interest rates until May 2011. Good news.
- The british chamber of commerce have stated that rates will be on hold for quite some time.
- Tue 6th Jul 2010
Parents 'want personal finance education'
Fri 18 Jan 2008 5pm
A move to introduce more personal finance lessons in UK schools would be supported by most parents and teachers in the country, it has been claimed.Research from the Association of Investment Companies (AIC) shows that 93 per cent of both groups believe that children should be offered more education in money matters at school, with 50 per cent stating that such teaching should be compulsory in order to prevent debt problems.
In addition, 51 per cent of parents believe that they would be in a healthier financial situation if they had received some form of financial education during their schooldays.
AIC communications director Annabel Brodie-Smith said: "Parents are clearly worried about their children's ability to manage their finances in the future and feel financial education is a crucial skill for adult life.
"Parents clearly feel they have missed out by not learning the basics, so it's no wonder they want their children to be better prepared for the wider world."
Gordon Brown recently stated his desire to improve the "financial literacy" of Britain's youngsters in an interview with the Observer.
