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The Consumer Financial Education Body (CFEB) is planning to re-launch its services next month in order to help members of the public understand financial products and offers. The CFEB is intending on entirely repackaging its Money Advice Service and the organization has chosen Fishburn Hedges to help pursue its publicity goals.
The CFEB was originally created in April, 2010 in order to provide much needed advice to confused consumers who were making uninformed decisions when signing up for financial products such as loans and credit cards. Organised by the Financial Services Authority the CFEB is ran on money gathered by a levy which all authorised financial institutions must pay.
The professionals working on the account are yet to be finalised and the agency will aim to increase the strength of the CFEB’s presence in the national media so that it can be accessed easily by the members of the public it strives to offer advice to.
In addition to its various services the CFEB also runs a website called Moneymadeclear.org.uk where you can find out facts about products offered by the financial services industry in simple and easy-to-understand language.
(Image - Credit Cards - Flickr Creative Commons, Andres Rueda 2008)
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