The Money Advice Service (MAS) budget is to remain at £75m for 2017/18, despite its money guidance budget dropping from £30m to £27m following the removal of face-to-face guidance services.
The £3m savings in its money guidance arm will be spent by its debt advice arm, which MAS said was due to increased demand. Financial advisers contribute to the cost of running the MAS's money arm. Last...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions