New financial guidance body seeks direction

£27.00

This 687-word blog post describes the launch of the new Money and Pensions Service (MaPS) and how it aims to improve our national financial wellbeing. Includes commentary by John Govett, Chief Executive at the Money and Pensions Service, and Sir Hector Sants, Chair of the Money and Pensions Service. Written on 9th April 2019.

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Description

Article preview: The start of the new tax year sees a new name and brand for money guidance in the UK. The newly launched Money and Pensions Service (MaPS) is replacing the Money Advice Service, Pension Wise and The Pensions Advisory Service (TPAS), to create a new joined-up service covering all aspects of debt, money and pensions guidance. MaPS have launched with a call for organisations to get more involved in the development of its strategy to improve our collective financial wellbeing. The focus on MaPS will be on improving financial wellbeing throughout people’s lifetimes, equipping, empowering and enabling individuals to make informed financial decisions with confidence.