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October 2023

The Lord Mayor of the City of London leads call for statutory financial education in primary schools

12 Oct 2023 | Posted In Money advice news

The Lord Mayor of the City of London has led a group calling for financial education to be made statutory in primary schools, in a raft of new measures to tackle financial illiteracy in the United Kingdom. The Financial Literacy and Inclusion Steering Group, chaired by the Lord Mayor, Nicholas Lyons, announced a six-point plan […]

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Fairbanking Foundation research raises questions about whether financial services firms have cultural bandwidth to make Consumer Duty work

09 Oct 2023 | Posted In Money advice news

The Fairbanking Foundation welcomes the FCA’s new Consumer Duty. However, new research it has commissioned with University College London (UCL) and Warwick Business School supported by FIS Global, raises questions about whether financial services firms really understand and are listening to what consumers want, and whether they have the cultural bandwidth to make the Duty […]

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