Thoresen unveils plans for Money Guidance service

Dubbed Money Guidance, the service would aim to provide the people of the UK with the knowledge, understanding and confidence to make better decisions about money issues. It should be governed by the principles of impartiality, supportiveness, crisis prevention, universality, the Review said. Chiefly targeting the 7.5 million people seen as most vulnerable in society but open to everyone, the service would provide information and guidance on budgeting, saving and borrowing, protection, retirement planning, tax and welfare benefits, and jargon busting. However, the service would be 'sa...