Money and Pensions Service launches with plea on financial wellbeing

'Service is big step'

James Phillips
clock
Opperman: Launch is a big step towards helping public make effective financial decisions
Image:

Opperman: Launch is a big step towards helping public make effective financial decisions

The Money and Pensions Service (MAPS) has launched under its refreshed name, calling on the industry to help design its first strategy on financial wellbeing.

The service, initially named the Single Financial Guidance Body (SFGB), was formed from the merger of The Pensions Advisory Service, the Money Advice Service, and Pension Wise. It provides guidance...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Among those expecting to work beyond their state pension age, 43% consider their pension to be inadequate to retire fully.

17.1m pushing the state pension age

More than one million UK workers believe they will never retire, according to research from Canada Life.

clock 06 December 2021 • 2 min read
Have your say in the Pro Adviser Poll.

Advisers, have you transferred out of your DB pension(s)?

Pro Adviser Poll

Professional Adviser
clock 02 December 2021 • 1 min read
Keith Churchouse: "As we see another mutual face a vote on its future, will this also be the turning point for more far-reaching change?"

Keith Churchouse: End of another mutual and change ahead?

The laws of unintended consequences

Keith Chruchouse
clock 01 December 2021 • 3 min read