Managing your finances
The Financial Services Authority (FSA) is the UK’s financial watchdog. The FSA has four statutory objectives set out in the Financial Services and Markets Act (2000) that its effectiveness is measured against, these are:
- Market confidence
- Public awareness (consumer education)
- Consumer protection
- The reduction of financial crime
As part of the FSA’s approach to meeting its consumer education objective it has developed a website to provide clear and simple advice to consumers about finances and how best to manage them. The FSA’s website can be found at: www.moneymadeclear.fsa.gov.uk.
The website includes:
- A financial health check
- A debt test
- Hints and tips on managing your money, and
- A guide to money jargon busting
