Markus Campbell-Savours

Markus Campbell-Savours

Labour — Penrith and Solway

Speaking in the House of Commons on 6 February 2025

Debate

Financial Education

Contribution

My hon. Friend’s speech has made me laugh, as his speeches usually do. Through my family and the community in which I grew up, I have seen that many people who fall victim to scams were once extremely savvy about financial management. The people who fall into these traps once ran their own businesses or had quite a mature understanding of these things. Financial education has its limits, so we still need very strong protections. When many people have more than one insurance policy for the same thing, are we not failing them? They do not need education; they just need people they can go to who can protect them and give them advice on issues they may never fully understand.

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