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Consumer Financial Education Body
The Consumer Financial Education Body (CFEB) was an independent British body that promoted personal financial literacy in the United Kingdom. It became the Money Advice Service in 2011. History CFEB was established by the Financial Services Authority (FSA) as required by the ''Financial Services and Markets Act 2000'' (as amended by the ''Financial Services Act 2010''), and came into existence on April 26, 2010. The body has a mandate from Parliament, with all-party support, to develop consumer financial education in the UK and is responsible for enhancing the public's understanding and knowledge of financial matters and their ability to manage their own financial affairs. Tony Hobman was named CEO of the new organisation, taking over on May 17, 2010. Chris Pond, Director of Financial Capability at the FSA was named a senior advisor to both CFEB and the FSA. 134 FSA staff in the FSA's financial capability division were transferred to CFEB, located in offices at Canary Wharf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Advice Service
The Money and Pensions Service (sometimes stylised as Money & Pensions Service or MaPS) is an organisation whose statutory objective is to develop and co-ordinate a national strategy to improve people’s financial capabilities. The service provides impartial, free money and pensions guidance directly to consumers online and by telephone. Through partnerships, it also provides debt advice and pensions freedoms guidance to consumers, along with offering organisations such as employers syndicated money guidance content from its website. The organisation was set up by the UK Government and is paid for by a statutory levy on the financial services industry. It is an arm’s-length body of the Department for Work and Pensions. MaPS is the largest funder of debt advice in England. The service's chair is Sir Hector Sants. In January 2020, Caroline Siarkiewicz was appointed as CEO. History The service was launched in January 2019, combining the Money Advice Service, The Pensions Advi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Literacy
Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States, and the United Kingdom. Understanding basic financial concepts allows people to know how to navigate in the financial system. People with appropriate financial literacy training make better financial decisions and manage money better than those without such training. The Organization for Economic Co-operation and Development (OECD) started an inter-governmental project in 2003 with the objective of providing ways to improve financial education and literacy standards through the development of common financial literacy principles. In March 2008, the OECD launched the International Gateway for Financial Education, which aims to serve as a clearinghouse for financial edu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Authority
The Financial Services Authority (FSA) was a quasi-judicial body accountable for the financial regulation, regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investments Board (SIB) in 1985. Its board was appointed by the HM Treasury, Treasury, although it operated independently of government. It was structured as a company limited by guarantee and was funded entirely by fees charged to the financial services industry. Due to perceived regulatory failure of the banks during the financial crisis of 2007–2008, the Cameron–Clegg coalition, UK government decided to restructure financial regulation and abolish the FSA. On 19 December 2012, the ''Financial Services Act 2012'' received royal assent, abolishing the FSA with effect from 1 April 2013. Its responsibilities were then split between two new agencies: the Financial Conduct Authority and the Prudential Regulation Authority (United Kingdom), Prudent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parliament Of The United Kingdom
The Parliament of the United Kingdom is the supreme legislative body of the United Kingdom, the Crown Dependencies and the British Overseas Territories. It meets at the Palace of Westminster, London. It alone possesses legislative supremacy and thereby ultimate power over all other political bodies in the UK and the overseas territories. Parliament is bicameral but has three parts, consisting of the sovereign ( King-in-Parliament), the House of Lords, and the House of Commons (the primary chamber). In theory, power is officially vested in the King-in-Parliament. However, the Crown normally acts on the advice of the prime minister, and the powers of the House of Lords are limited to only delaying legislation; thus power is ''de facto'' vested in the House of Commons. The House of Commons is an elected chamber with elections to 650 single-member constituencies held at least every five years under the first-past-the-post system. By constitutional convention, all governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chris Pond
Christopher Richard Pond (born 25 September 1952) is a former Labour Party politician in the United Kingdom. He was Member of Parliament (MP) for Gravesham in Kent, from 1997 to 2005. Early life He went to the Minchenden School (became comprehensive in 1967, and was merged into the Broomfield School in 1984) in Southgate, London. At the University of Sussex, he gained a BA in Economics in 1974. From 1974–5, he was a research assistant in Economics at Birkbeck College. From 1975–9, he was a research officer at the Low Pay Unit, and subsequently became its Director, taking over from Frank Field. He lectured in Economics at the Civil Service College (now called the National School of Government) from 1979–80. From 1981–2, he was a visiting lecturer in Economics at the University of Kent. At the University of Surrey, he was a visiting professor from 1984-6a role he subsequently took on at Middlesex University. He was a consultant for the Open University from 1987–8, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canary Wharf
Canary Wharf is an area of London, England, located near the Isle of Dogs in the London Borough of Tower Hamlets. Canary Wharf is defined by the Greater London Authority as being part of London's central business district, alongside Central London. With the City of London, it constitutes one of the main financial centres in the United Kingdom and the world, containing many high-rise buildings including the third-tallest in the UK, One Canada Square, which opened on 26 August 1991. Developed on the site of the former West India Docks, Canary Wharf contains around of office and retail space. It has many open areas, including Canada Square, Cabot Square and Westferry Circus. Together with Heron Quays and Wood Wharf, it forms the Canary Wharf Estate, around in area. History Canary Wharf is located on the West India Docks on the Isle of Dogs. West India Dock Company From 1802 to the late 1980s, what would become the Canary Wharf Estate was a part of the Isle of Dogs (Millw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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