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MAS

Your profession

MAS helps millions make sense of money matters

More than 6.3m people contacted the Money Advice Service (MAS) between April and September, suggesting demand among the public for generic financial advice.

clock 08 November 2013 •

Regulation

FCA plans to cut adviser fees under fee block reallocation

The Financial Conduct Authority (FCA) has set out plans to cut regulatory fees by reallocating advisers who have permissions to hold client money or safeguard and administer assets to different fee blocks.

clock 31 October 2013 •

Your profession

General insurance head appointed MAS chairman

The Money Advice Service (MAS) has appointed former Life Trust Holdings CEO Andy Briscoe as its chairman.

clock 01 August 2013 •

Your profession

OFT action pushes 14 payday lenders out of the market

Some 14 payday lenders have confirmed they are planning to exit the market following a crack down on their practices by trading watchdogs.

clock 31 July 2013 •

Regulation

FCA confirms adviser levy to increase by 13%

The Financial Conduct Authority (FCA) has confirmed its levy for the coming year will be £432.1m, with financial advisers contributing 9% of the total.

clock 01 July 2013 •

Your profession

'What the hell are you doing with it?' MPs attack MAS over budget

The Money Advice Service (MAS) has come under fire from MPs after a sub-committee of the Treasury Select Committee (TSC) accused CEO Caroline Rookes that her organisation does not know what it is doing on money advice.

clock 25 June 2013 •

Regulation

MAS wants advisers' secrets in 'wellbeing' project

The Money Advice Service (MAS) is calling on stakeholders in the financial services industry to share their knowledge of what works for consumers as part of a wider project designed to improve the overall financial wellbeing of Britons.

clock 17 May 2013 •

Regulation

Money Advice Service 'will be gone by 2015'

The controversial Money Advice Service (MAS) will likely be shut down when it next comes up for review in 2015, according to Association of Mortgage Intermediaries (AMI) chief executive Robert Sinclair.

clock 19 April 2013 •

Regulation

FCA axes MAS fees reduction proposal

The Financial Conduct Athority (FCA) has axed a proposal to cut the fees advisers pay towards the Money Advice Service (MAS) by 94%, and instead will reduce them by just 42%.

clock 09 April 2013 •

Your profession

MAS business plan adds 'budgeting' focus

The Money Advice Service (MAS) has put an increased emphasis on 'budgeting' in its Business Plan 2013/14 released today.

clock 27 March 2013 •
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