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the financial capability strategy for the uk
United Kingdom
Founded in
2015 (11 Years)
Founded
Last online: No recent activity
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know the financial capability strategy for the uk
Company Information
Get to know the financial capability strategy for the uk
"The Financial Capability Strategy for the UK" was a ten-year strategy launched in 2015 by the then-Money Advice Service to help people manage their money better. In 2019, the Money Advice Service, The Pensions Advisory Service, and Pension Wise merged to create a new single entity, the Money and Pensions Service (MaPS). MaPS is an arm's-length body, sponsored by the Department for Work and Pensions, and it now leads the successor "UK Strategy for Financial Wellbeing". Its core mission is to provide free, impartial money and pensions guidance to the public, helping people make the most of their finances throughout their lives.
Industry
- Financial Financial AdvisementPRIMARY
- Financial Other Service
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