Why are fee payers funding the costs of financial capability work?
We are proposing to recover the 2007/08 costs of financial capability work through the majority of the fee payers as we believe they (with the exception of the following three fee-blocks – see below) will ultimately benefit from improved financial capability among consumers. The total budgeted costs of £17.1m will be distributed in broadly the same proportion as their contribution to our total annual funding requirement. Please see chapter 11 of CP07/3 for more details.
Related Questions
- Funding for the running costs of the Leader of the Oppositions office Made available for the running costs of the Leader of the Oppositions Office for the financial year commencing on 1 April. The figure for 2003-2004 was 548,101.65 Top What other allowances can MPs claim?
- Can I begin incurring costs and drawing down funds under my award before the financial capability review is completed?
- Why are fee payers funding the costs of financial capability work?
