Personal finance volunteers needed to raise awareness

THE provision of volunteers to promote personal finance education in the workplace and at community level has been proposed as one way of furthering consumers’ financial knowledge.

A new report, published yesterday by the National Steering Group on Financial Education, made a number of proposals aimed at strengthening people’s personal finance understanding.

Commenting on the report, Mary O’Dea – acting head of the Office of the Financial Regulator and chair of the steering group – said: “The unprecedented financial events over the life of the steering group have served only to reinforce our view of the need for a comprehensive policy addressing personal finance education.