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BBA sends MPs finances guide

Britain's MPs are to receive an education in personal finances from the British Bankers' Association (BBA).Packs containing basic information on money matters, including guidance on price comparison websites, have been sent out to politicians.The BBA hopes that this will lead to MPs being better equipped to answer constituents' financial worries in weekly surgeries.Mark Lazarowicz MP, who contributed to the pack, commented: "Competition gives consumers an opportunity to select appropriate products - but it is very important to ensure that they understand how these work and where to go if they need help."We hope this guide will help consumers make the right financial choices to enable them to plan for and protect their futures."The project has the backing of All-Party Group on Debt and Personal Finance and the All-Party Group on Insurance and Financial Services.

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