Media comment: Access to financial services

Tuesday 24th May 2016

Caroline Rookes, Chief Executive for the Money Advice Service comments on the FCA occasional paper: Access to Financial Services in the UK:

“People across the UK need to have both easy access to their money as well as information and services which will help them make good decisions about using it. Easy access to financial services is essential if we are to encourage people to engage with their money and become more financially capable in the future. Our financial capability research has found that around four in ten people are not in control of their finances. We all need to work together to ensure that people feel better able to control their financial situations and better access to financial services is the key to this.”