Switch to an accessible version of this website which is easier to read. (requires cookies)

MP Burstow launches new scheme for financial advice for older people

April 21, 2008 12:00 AM

Sutton and Cheam MP, Paul Burstow, has launched a new accreditation scheme for financial advisers offering advice to older people. The Later Life Advisor Accreditation Scheme has been designed by the Financial Services Skills Council (FSSC), the financial services industry and consumer groups.

With research showing that many older people are sceptical about financial advisers because of past problems with financial services the new scheme is intended to set a gold standard for financial advice.

Commenting, Mr Burstow said:

"With one in three of us likely to need long term care at some point in our life having reliable and impartial financial advice is critical. The Later Life Advisor Accreditation scheme is an important building block in creating a sustainable system of elderly care in the future.

"Making the right financial decisions in later life is critical. Poor advice cannot only be costly; the good advice may come too late. Access to well trained advisers accredited under this scheme should help to build confidence."

What would you like to do next?

  • Subscribe for updates

    Read updates from this website in your desktop or online news reader

    • On a news reader website

      •  
      •  
      •  

      In a desktop news reader or a website not listed above

      •  
    • Example monthly digest email
      •  
      •  
      •  

    • If you submit your contact details, Paul Burstow MP, the Liberal Democrats, and their elected representatives may use the information you provide to contact you about issues you may find of interest. Some of the contacts may be automated. You can opt out of these contacts at any time by contacting us.


    • Generate different image

    Join our email list

    • If you submit your contact details, Paul Burstow MP, the Liberal Democrats, and their elected representatives may use the information you provide to contact you about issues you may find of interest. Some of the contacts may be automated. You can opt out of these contacts at any time by contacting us.


    • Generate different image

    Follow the party's activity on...

  • Share this page

    Share this page on another website

    Link to this page

    On websites and printed material:
    paulburstow.org.uk/en/article/2008/013397/mp-burstow-launches-new-scheme-for-financial-advice-for-older-people
    In text messages, Twitter, or reading over the phone:
    pb.lib.dm/a7wS

    Email this page to a friend


    • Generate different image

    Print this page

  • Help out or donate

    Help out in your local area

      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  
      •  

    • If you submit your contact details, Paul Burstow MP, the Liberal Democrats, and their elected representatives may use the information you provide to contact you about issues you may find of interest. Some of the contacts may be automated. You can opt out of these contacts at any time by contacting us.


    • Generate different image

    Join the Liberal Democrats

  • Tell us what you think

    Send us your views

    If you are a resident of the Sutton and Cheam constituency and are writing to discuss any issue that Parliament or government is responsible for, you must provide your home address as MPs are generally only permitted to act on behalf of constituents.

    If you are not a constituent, you do not need to provide your address, but the matters we can deal with are more limited and you may wish to contact your local MP in the first instance.

    • If you agree, Paul Burstow MP, the Liberal Democrats, and their elected representatives may use the information you provide to contact you about issues you may find of interest. Some of the contacts may be automated. You can opt out of these contacts at any time by contacting us.


    • Generate different image

    Contact us by email, post, or phone