Do you have family finance questions you would like answering in a clear and accessible way?
Legal & General has done some research into the lack of financial understanding and education in Britain: The results are quite shocking really …. 53% of adults have received poor financial education or none whatsoever.
Nigel Wilson, Group CEO, Legal & General said
The introduction of personal financial education to the school curriculum is a good thing, but many adults need help now. The industry needs to provide products that are clear, simple, and understandable, but also new ways to engage with people over their finances, so that they switch on, rather than switch off
Apparently the top five least understood finance issues are …
1. Annuities (42%)
2. Access to personal pension plans (36%)
3. Auto-enrolment (31%)
4. Help-to-Buy (29%)
5. Investments (22%)
In response to their research, Legal & General are hosting a live Goggle Hangout this Thursday (Feb 26th) at 10am , where members of the public can ask their family finance questions to a panel of personal finance experts.
Nigel Wilson, CEO of Legal & General, will be moderating and he will be joined by experts Joanna Elson from National Debt Line, independent financial adviser Stephen Womack and personal finance journalist Esther Shaw. They’ll be answering your questions, sharing useful tips and information on everything from budgeting to how to pay off those half-term bills.
You can watch the hangout here or follow this link
(and a later date I will show you the hangout here in case you miss it live)
Do let me know what your family finance questions are in the comments section below and lets see if we can get them answered.
Alternately you can tweet your questions with the hashtag #MoneyHangout,