Skip to main content

Thoresen Review

Volume 487: debated on Tuesday 3 February 2009

To ask the Chancellor of the Exchequer what consideration his Department has given to the findings of the Thoresen Review of Generic Financial Advice. (253298)

The Government accepted the Thoresen Review's central recommendation to pilot the Money Guidance service through a large-scale regional pathfinder on 3 March 2008, alongside publication of the Thoresen Review's final report. As announced at PBR 2008, the £12 million pathfinder, jointly funded by HM Treasury and the Financial Services Authority, is on track to launch this spring in the North East and North West of England. The pathfinder will inform Government decisions on roll-out of a national Money Guidance service.