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Lee Associates

Thinking today
about tomorrows income

FSA is to sharpen the financial skills of consumers

April 2007

The retail financial services markets depends to a large extent on its consumers if it is to be fully efficient and effective.

An FSA survey has shown that peopele are reasnobaly adept in the UK at making ends meet and show a fair degree of competence in keeping track on their affairs.

However, when it comes to more sophisticated functions, nearly half the population demonstrate a lack of capbility in planning ahead. They are even more at sea when choosing the financial products that best suit their circumstnaces.

The need for a trusted financial adviser continues to be of great importance.

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