CISI comment on The Budget ​

by Lora Benson | Mar 09, 2017

Responding to the Chancellor’s Budget of 8 March, Campbell Edgar CFPTM Chartered FCSI  CISI Head of Financial Planning said:

“We welcome the Government’s announcement of the allocation of an extra £500 million a year in funding for technical and vocational education, with new designated “routes”, or “T-Levels” providing training routes to specific industries, including finance.

“These are designed to be more relevant to employers’ needs and therefore we support this initiative as a step towards helping to encourage young people into a career in finance, helping to increase employability, particularly as regards the financial planning, securities, investment and wealth management job sectors.

“We also welcome confirmation of the increase in the ISA investment limit and personal tax allowances. Changes like these serve to highlight the need for and importance of professional financial planning to help business owners, savers and investors make the most of these adjustments.

“Financial planning is an ongoing process to assist consumers make sensible decisions about money that can help them meet their life goals. During Financial Planning Week commencing 8 May 2017 we will be encouraging people nationwide to access an hour’s financial planning taster session for free, to help them on the road to deciding if the Chancellor’s Budget has actually helped or hindered their future life choices.”

For information on CISI’s Financial Planning Week go to https://www.financialplanning.org.uk/wayfinder

 

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