The Money Advice Service (MAS) was on the right track and many of its core initiatives will be continued under the government’s new money guidance organisation, despite the loss of its consumer-facing mandate, chief executive Caroline Rookes has said.
She said changes made at the organisation following a Treasury-backed independent review last year, meant the body was already on track to fulfil a consumer education and financial capability strategy....
It's not a legal obligation
Men and women working longer
Cental banks' credibility could be called into question
Decision due by the end of the year
FCA costs increased in 2015/16 despite Commission's recommendation