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Consumers invited to share financial secrets in ‘wellbeing’ project

Your Money
Written By:
Your Money
Posted:
Updated:
17/05/2013

The Government’s free Money Advice Service (MAS) is asking consumers for their views on which projects and initiatives have successfully improved their financial situations.

As part of a wider project designed to improve the overall financial wellbeing of Britons, individuals, groups, charity organisations and others are invited to provide evidence over the next ten weeks.

The MAS said the evidence gathered will ultimately lead to a five year strategy – to be published in 2014 – which will set out a ‘blueprint’ to help people across the UK to manage their money.

Caroline Rookes, CEO of the Money Advice Service, said: “I call on everyone – in small groups or large organisations across the UK – who has done something to help someone manage their money better, to tell us about it. We want to know what they did, and why it worked. However small the initiative, we want to hear about it.

“Today’s call for evidence signals the start of a major milestone for everyone with an interest in financial capability.

“Gathering a wide a selection of views and insights will take us one step nearer understanding how we can best help people manage their money, and improve the UK’s financial wellbeing.”

During the call for evidence, and in order to provide an authoritative view of the state of the UK’s financial wellbeing, the MAS said it will publish a comprehensive survey about how financially smart the UK population currently is.

Evidence can be submitted to the service by 26 July HERE