Story by: Dominic Welling, Financial Adviser
The Personal Finance Education Group has welcomed the Ofsted report on 'Developing financially capable young people', which highlights the importance of teaching people about personal finance from a young age.
Four in 10 employees claim they would be able to financially support themselves for more than a year if they became suddenly unemployed through sickness, despite the fact that only 8 per cent of population have income protection.
Advisers have come out in support of the ifs School of Finance's level Four Diploma, following its accreditation last month.
The Institute of Financial Planning has said that consumers need to adopt a "back to basics" approach to their finances, and create a sensible budget for their income and expenditure.
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The Association of IFAs has said it is disappointed with the FSA's failure to provide further information on alternatives to level 4 adviser examinations.
The current banking turmoil has opened the way for talented graduates to choose an alternative career in insurance, according to the Chartered Insurance Institute.
Apprenticeships have been given the seal of approval by hundreds of employers in a survey in which 81 per cent of businesses said apprentices helped to generate higher overall productivity.
The Chartered Financial Analyst Institute, has launched an expanded new CFA charterholder recognition campaign.
Attracting new recruits to financial services is about reaching out to graduates and offering quality apprenticeships
Financial services qualifications are on the increase with more degrees coming on stream
The downturn may seem hard but firms that invest in training stand a much greater chance of survival than those that do not and there is plenty of support for those that do
Keeping top female staff can be hard if employers do not offer attractive conditions for working mothers
To ride out the recession IFAs will need to make sure they are with a company that reduces risks to their business
House of Commons report slams 'aggressive tactics' used by rescued banks
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Before the financial crisis, it was very rare for Iceland to be in the psyche of the British public....