Blog: The future of MAS is 'very debateable'

Is a rebrand on the cards for the Money Advice Service?

clock • 3 min read

Richard Walsh has some strong views on the future role of the Money Advice Service. Here he explains why its debt advice work should be its only focus

I suspect 2016 will be a year of change at the Money Advice Service (MAS). And, let's be honest, the gestation period has been lengthy.  In May 2014, the government launched the Independent Review of MAS led by Christine Farnish. The report was published in March 2015, just before the last election along with the coalition government's response. However, it was clear from its response that this was not the end of the matter. In addition, we now have a new government: one that is less keen on state interventions than the previous one. So what do we know? First, MAS is the largest si...

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 Your profession

Juggling two careers: An IFA's journey on and off the basketball court

Juggling two careers: An IFA's journey on and off the basketball court

'Advice and basketball both require teamwork and accountability'

Sahar Nazir
clock 01 May 2024 • 4 min read
FOS reports 'concerning' 20% rise in financial complaints

FOS reports 'concerning' 20% rise in financial complaints

'It is always concerning to see complaint levels continue to rise'

Sahar Nazir
clock 01 May 2024 • 1 min read
Eight more advice firms join CCLA's sustainability group

Eight more advice firms join CCLA's sustainability group

Allowing advisers to engage with listed firms on sustainability issues

Isabel Baxter
clock 01 May 2024 • 2 min read