TY  - JOUR
AB  - For the first time, a UK financial services regulator will have a statutory duty to enhance financial education in the UK. The Financial Services Authority is now beginning to set out in some detail how it will go about fulfilling that duty, and the issues it faces. As well as increasing consumer awareness of the financial industry and improving consumers' ability to identify their financial needs, the FSA aims to enable consumers to decide upon the purchase of financial products through the provision of the FSA's own information and advice — what may be referred to as a form of ‘solution education’. This will place the FSA in a relationship with the general public where the rights, responsibilities and expectations of, and upon, consumers must be made clear and accepted. The inability of the current regulatory regime to establish unequivocally what constitutes adequate or appropriate advice does not augur well.
VL  - 8
IS  - 4
SN  - 1358-1988
DO  - 10.1108/eb025054
UR  - https://doi.org/10.1108/eb025054
AU  - Ring Patrick
PY  - 2000
Y1  - 2000/01/01
TI  - Education, advice, and the Financial Services Authority's statutory objective
T2  - Journal of Financial Regulation and Compliance
PB  - MCB UP Ltd
SP  - 333
EP  - 343
Y2  - 2024/09/20
ER  -