Money Matters Passing Us By

Summary


A lack of financial education is causing many people to take out the wrong products and fail to save enough for the future, an industry expert has cautioned.

Ron Sandler, who conducted a Treasury-commissioned review into the problems facing the savings industry, said all the evidence suggested the standard of financial education in the UK was 'extremely low'.

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Extract


Money Matters Passing Us By

He said: 'The vast majority of consumers are confused and daunted when it comes to dealing with the ...

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