CII Group back financial capability action plan

Detailed research published last week from the CII on consumer financial capability in the current economic climate concluded that more than half (53%) of those surveyed are less confident their savings are safe, with nearly six out of ten (58%) people saying they feel less financially secure.

The research also showed that proposals made in the Thoresen Review for a national ‘drop in’ Money Guidance service could help improve the public’s understanding of money matters and restore consumer