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Working in Partnership with the FSA

Stroud & Swindon Building Society has today announced that it will be working in partnership with the Financial Services Authority (FSA) the UK’s financial watchdog, to help consumers make better informed financial decisions and become more confident and capable in dealing with their financial affairs.

Following extensive consumer research, the FSA has recently overhauled its series of easy to read Moneymadeclear guides to help give them better stand-out and make them more engaging. Subjects covered include the following:

  • Everyday money
  • Saving and investing
  • Buying a home
  • Pensions and retirement
  • If things go wrong

Whilst the research found that consumers regarded the clear, impartial information as highly valuable, it also highlighted difficulties they had in laying their hands on the information and the fact that they would expect to find it on the ‘High Street’ in their local building society or bank.

As part of Stroud & Swindon's existing commitment to improving Financial Capability in the UK, the FSA have asked the Society to support a distribution pilot of the new Moneymadeclear guides.

Jan Ball, Branch Manager of Stroud & Swindon in Swindon said, “We are really pleased to be helping the FSA with this initiative. Taking out a mortgage, organising your savings or planning for retirement are important decisions that most people have to take at some stage in their life and the more knowledge they have the better. We know that sometimes these things can appear complicated, but the new guides from the FSA really help to simplify matters and we would be delighted to help anyone who needs any further assistance.”

-ends-

For more information please contact: -

David Greenleaf
Corporate Communications Manager
Stroud & Swindon 
01453 768244
dgreenleaf@stroudandswindon.co.uk

Andrea Kinnear
FSA Press Office
0207 066 1000

Lee Blackwell / Suman Katyal / Karen Butcher
The Wriglesworth Consultancy
020 7845 7900

Notes for Editors

About Stroud & Swindon Building Society:
Stroud & Swindon is the 15th largest building society in the UK with assets in excess of £2.8 billion.  The Society operates through a dedicated team of intermediary business development managers, with a branch network of 22 offices and 20 agencies in the South West, complemented by a direct call centre based in Stroud and website www.stroudandswindon.co.uk. 


 

© 2008. Stroud & Swindon Building Society, Rowcroft, Stroud, Gloucestershire GL5 3BG

Member of the Building Societies Association and subscriber to The Banking Code. The Society is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/Pages/register/) (registration number 164588) and introduces only to the Norwich Union Marketing Group, members of which are authorised and regulated by the Financial Services Authority. Any financial advice given will relate only to the products and services of the Society and Norwich Union.
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