Commenting on the National Financial Inclusion Strategy, Carol Knight, CEO of TISA, said:
“Access to the basics of financial services is vital for us all. As an organisation that champions the interests of all consumers, we particularly welcome the measures aimed at helping people going through trauma – including domestic abuse, marital breakdown and homelessness – many of whom currently feel cut off from these services in their hour of need. It is also a particular delight to see the moves to incorporate financial education into the national primary curriculum. Financial education is the bedrock on which better consumer outcomes can be built. We further welcome the measures to make it easier for employers to support workers by diverting some of the earnings into savings, reducing the risk of it being swept away in the pressures of everyday budgeting. TISA is delighted to be part of bringing together a national coalition of employers to encourage this move and contribute to delivering a truly inclusive financial system.”
ENDS.