Archive for August, 2015

New review launched on how financial advice could work better for consumers

The FCA and HM Treasury are to lead a review on financial advice for customers.

The Financial Advice Market Review will look at how advice could work better for consumers. The review will initially look at issues when getting advice in the following areas:

  • investments, savings, pensions, and retirement income products (including annuities)
  • mortgages (including Help to Buy and equity release) and consumer credit
  • general insurance.

“Making sure that our financial services sector supports working people at every stage of their lives is a key part of our long term plan.”

“That’s why we’ve launched a major new review to explore what more can be done to make sure consumers can access high quality and affordable advice so they can make informed decisions with their hard-earned money.”

Harriett Baldwin, Economic Secretary to the Treasury

The government also intends to consult on free and impartial financial guidance which covers services such as the Money Advice Service and Pension Wise. This will take place later in the year.

The consultation exercise is scheduled to end by Q4 2015 with a view to producing proposals ahead of the Budget in March 2016.

One Advice Donates Computers and Food Hampers to Local Charities

Group photo from One Advice1

The One Advice Group (OAG) has donated computers and food hampers to local organisations as part of its ongoing work in the local community.

The Group has donated 12 computers to local charity Get Online Wythenshawe, which helps residents to enjoy the benefits of the internet by providing affordable computer equipment, and three to Tree of Life Wythenshawe, which works with local partners to create  sustainable resources to improve the health and wellbeing for people in Wythenshawe.

In addition the Group’s employees have also donated clothes and shoes to the charity to help those in need throughout the local community.

As the third largest employer in the local area the Group has always felt a strong identity with the Greater Manchester area, and the donations are a part of the Group’s sustained CSR programme, which has included a series of charity events and separate donations to assist those in need in the local community.

“We are honoured to be making these computer donations to Get Online Wythenshawe and Tree of Life today. The charities are doing excellent work in helping to forge an ever stronger sense of community spirit in our local area, be it through connecting people to the online world or by helping to maintain the health and wellbeing of local residents. These computers will allow the charities to continue doing what they do best – serving the people of Wythenshawe to ensure that they are able to play an active part in the local community.”

Matthew Cheetham, One Advice CEO

“Our organisation is doing great work in bringing residents into the online world. We are very grateful for this donation from the One Advice Group. Its generosity will mean that we are able to provide more local residents with the equipment they need to use the internet, a tool that has become so important in our daily lives.”

Mark Bowker, Digital Inclusion Officer, Get Online Wythenshawe

“We cannot thank the One Advice Group enough for these donations. The new computers will allow us to get on and help the people in and around Wythenshawe with adequate IT systems to support our work. It is great to see that a company as large as the One Advice Group has a strong local focus and has remained true to its roots.”

Carys Roberts, Income and Partnership Manager, Tree of Life Centre

The donations add to our extensive CSR activity within the local community. In the last few weeks we have visited Haveley Hey Primary School as part of Futures Week and hosted the Young Enterprise ‘Learn to Earn’ scheme at our Group headquarters.