Press Release

IMA welcomes financial capability action plan

Tuesday, July 8 2008

Responding to the Treasury and Financial Services Authority's (FSA) announcement on a financial capability action plan, Victoria Nye, Director of Training and Education at Investment Management Association (IMA) said, "The Government and FSA have shown leadership in taking this forward. The action plan will make it easier for people to access help and advice on a number of financial matters and this is key.

"We welcome the Government's continued emphasis to help educate people on their finances and IMA will continue to provide input on investment for a range of programmes and initiatives.

"The real test now is whether the combination of initiatives can genuinely encourage people to be more competent and more pro-active in managing their money. This means not only on a daily basis, but also over their life time."

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