So what do consumers use the MAS for?

Laura Miller
clock

The Money Advice Service (MAS) has been much-maligned since its launch in April 2011, but consumers are making use of it in the way it was designed - to get free, impartial guidance on their finances. Here we break down the topics consumers go to the MAS for, according to the service's own figures...

Money Topics Saving and investing - 5.9% Borrowing money 3.9% Managing debt 5.4% Homes and mortgages 15% Insurance 2.8% Managing you money Pensions and retirement 8.6% How to review or reduce borrowing 0.8% Bank accounts and credit or debit cards 7.2% Financial help and advice 2.6% Comparison tables Credit Cards 0.4% Current Accounts 1% Loans 0.1% Annuities 8.1% Pension and SIPPS 1.4% Savings Accounts 2.5% Cash ISAs 2.3% Mortgages 3.3% Investments 0.8% Tools Debt test 1.8% Loan calculator 3.9% Mortgage calculator 11.5% P...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read