'Bland, boring, unnecessary' - Martin Lewis slams MAS

clock

Martin Lewis, the man behind Money Saving Expert, has launched a blistering attack on the Money Advice Service (MAS), describing it as a 'narcissistic brand-building exercise'.

He was one of the witnesses appearing today before a Treasury Select Committee sub-committee which was listening to evidence as part of an inquiry into the service. Lewis was particularly critical of the significant marketing spend, about £20m of a total £46.3m budget this year, as well as the healthcheck tool featured on its website. He said: "The product is abominable and I'd be embarrassed to put most of their tools on my website." Lewis repeated some of the criticisms of the healthcheck he had received through Twitter and also described the website as "bland, boring, unnecessar...

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 Regulation

FCA set to raise market abuse penalties and bring crypto into scope

FCA set to raise market abuse penalties and bring crypto into scope

Minimum fine raised

clock 16 June 2026 • 2 min read
Director jailed for near £9m investment fraud

Director jailed for near £9m investment fraud

Declan Nowell sentenced for ‘Ponzi-style’ investment scam

Sophia Panayi
clock 01 June 2026 • 2 min read
Proposed simplified advice rules unlikely to help service new clients, advisers say

Proposed simplified advice rules unlikely to help service new clients, advisers say

Research from AJ Bell

Sophia Panayi
clock 01 June 2026 • 1 min read