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FSA relaunches consumer-facing site
29 January, 2008
The Financial Services Authority (FSA) has revamped its Moneymadeclear website in tandem with the Financial Risk Outlook.
After warning that a 'significant minority' of consumers will be facing financial difficulties as a result of their high levels of borrowing, the regulator's consumer advice site takes on a greater importance.
The dedicated website aims to help people manage their money by offering free, impartial information as well as comparison tables, downloadable guides and budget calculators.
Consumers can also now find a simple explanation of the 'credit crunch' and valuable information on how to manage if, for example, borrowing becomes more expensive.
With 2.8 million visits last year, Moneymadeclear was the first website to receive the Plain Language Commission's Gold Standard Award.
The FSA has plans to add its first Payment Protection Insurance (PPI) tables to the site in the near future.