Single body to advise public on pensions and debt

Single body to advise public on pensions and debt

A new financial guidance service to provide advice on pensions, managing debts and other money issues is to be created by the government.
It will replace the heavily criticised Money Advice Service (MAS) as well as two pension advice services.
The government thinks a single advisory body will be more efficient but has yet to decide how the new service will actually work.
The abolition of the MAS was announced in the Budget in March.
It was criticised for failing to help those who needed it most and paying its staff too much.
No timetable Like the MAS, the new organisation will be paid for... read more

9 October 2016 in Regional, Views: 34
Source: BBC

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