Three quarters of UK homeowners don’t know what difference a 1% rise in interest rates would make to their monthly mortgage repayments, although half expect rates to change in the short term Read More
Posts Tagged ‘CFEB’
Homeowner confusion over monthly mortgage repayments
Thursday, July 8th, 2010Government to create new financial planning education body
Wednesday, December 16th, 2009The government is to emphasise the need for financial education with the creation of a new body with a specific brief to educate consumers about financial planning.
The creation of the Consumer Financial Education Body (CFEB) was announced in the Financial Services Bill now before parliament and will be staffed by 160 staff drawn mainly from the Financial Capability Division of the Financial Services Authority (FSA).
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