A national financial advice service,
Moneymadeclear, has been launched by the UK government,
incorporating a telephone help-line, website and face-to-face
sessions with independent financial experts.
According to the government, a pilot version of
the scheme which ran in the North of England helped 500,000 people
last year.
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The service will be jointly funded by the UK
government and regulator the Financial Services Authority.
“Moneymadeclear is free, impartial advice for
all, whether you are unsure about the small print in a mortgage
form, want advice about opening a savings account for your children
or grandchildren, or you want some help dealing with repayments
before they get out of hand,” said UK finance minister Alistair
Darling.
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