Which respond to Chancellors pre-budget report
The consumer group comment on personal finance changes due in this years budget
Mick McAteer, principal policy advisor, Which? said: 'We welcome the financial inclusion fund to tackle the growing problems of people who are financially excluded. Financial exclusion is not just about being denied access to bank accounts. It covers a range of issues, including access to decent pensions, unbiased financial advice and the growing use of risk based pricing in insurance. 'These issues in isolation hit hard the most vulnerable of our society. Collectively they disadvantage and exclude an ever-growing population. 'Government mustn't fall into the old trap of relying on industry to voluntarily meet the needs of society. Industry’s record of stonewalling while talking big and delivering little is, sadly, well established. 'A new concordat between Government and industry is needed to ensure that all consumers have access to the products and advice they need, Which?’s model for the National Financial Advice Network could provide people with the access they need.' Financial News Feeds provided by OneCompare.com
Date published: 12/3/2004 10:56:03 AM
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