The Financial Services Agency and the Japan Association for Financial Planners have decided to open consultation counters at hospitals as part of public-private efforts to increase public financial knowledge, sources said Saturday.

The first counter, to be called a "financial concierge," will be set up for a trial run at a general hospital in Suginami Ward, Tokyo, by the end of this month.

The system will then be expanded nationwide, according to the sources.

The association will dispatch financial planners. Other groups from the financial industry, including the Japanese Bankers Association, will also participate.