MoneyHelper: MaPS brand shares similar name with unauthorised firm FCA issued warning about

Posed 'minimal risk' - MaPS

Sophie King
clock • 2 min read

The Money and Pensions Service's (MaPS) newly-launched consumer brand MoneyHelper shares a similar name to a company the Financial Conduct Authority warned consumers about in 2012.

Last week (18 March), MaPS launched its new brand MoneyHelper in a bid to focus on and improve consumer financial wellbeing. The new consumer brand will replace MaPs' three legacy services: the Money Advice Service, The Pensions Advisory Service and Pension Wise, which were unified and brought together under a single structure in 2019. Unfortunately, a firm that was deemed to be providing services without the FCA's permission more than five years ago shares a similar name with the news MaPS brand: Money Helpers. In 2012, the financial watchdog posted a warning note on its website...

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