MAS chief Caroline Rookes to step down next year

Taking into account the government's decision earlier this year to re-think its plans for the various money guidance services, Rookes (pictured) said she believed this was the right time for a successor to oversee the upcoming transition. She has been the MAS chief since 2012. Last month, the government announced plans to create a single guidance body, incorporating pensions, money and debt matters, and replacing The Pensions Advisory Service - including Pension Wise - and the MAS.  In a letter sent to stakeholders today, Rookes said: "My plan was to leave after my initial three-year te...