NS&I offers consumer finance guides in WHSmithMoney guides available free in 300 UK stores
13 November 2009
National Savings & Investments (NS&I) has launched a new range of free personal finance guides, which it is making available through high street stores of WHSmith.
The new guides are available in over 300 WHSmith stores across the UK. Topics covered include ‘Kids and money’, ‘Retirement’, ‘Later life’ and ‘Bereavement’.
The guides are based on NS&I’s youandyourmoney.info website which was developed as part of NS&I’s commitment to furthering financial capability amongst UK consumers. The NS&I website provides practical financial guidance to help with preparing for major life events such as having children, retirement and managing the financial aspects of bereavement, as well as the basics of saving.
John Prout of NS&I, said: 'We are delighted to offer practical financial guidance on the high street, helping people to prepare for major life stages from having children to later life. These guides have been developed especially for those who want to take control of their money, but don’t know where to start, and underline our commitment to encouraging greater financial capability amongst consumers.
'Like any other financial provider, NS&I has a role to play in encouraging and showing our customers how to best manage their finances, and we hope that this will go a long way to doing just that.'
New NS&I guides welcomed by Which? and Society of later Life Advisers
Tish Hanifan, chairman of the Society of Later Life Advisers, commented: 'Financial information on the high street is a valuable resource for every member of the public to seek out and benefit from. All too often people stumble across situations in life for which they are not fully prepared, because finance matters can seem daunting.
'NS&I is making it easier for people to prepare for their future circumstances from having children, to planning for a comfortable retirement. An informed consumer is able to begin to make better choices and this will undoubtedly help determine their quality of life in later years.”
Martyn Saville, Which? senior researcher, added: 'Any independent and free source of financial help that helps consumers make informed decisions about their money is to be welcomed. NS&I is to be applauded for taking its advice leaflets directly to consumers in the high street.'
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