Mark Hoban has insisted people on average to above average income are unattractive to the financial advice sector, and targeted this as the demographic for the Money Advice Service (MAS).
Financial secretary Mark Hoban has defended the Money Advice Service after a prominent peer launched an attack on pay levels at the organisation.
A marked change in consumer awareness is causing consumers to take an "austere" self-assessment of protection needs, Swiss Re has said.
Last year the government launched its consultation on simple financial products and a summary of responses has now been published.
The Financial Services Authority's (FSA) proposal to base advisers' regulatory fees on income rather than size is a tax on success, Derek Bradley, chief executive of PanaceaIFA has said.
The Money Advice Service (MAS) has informed staff about potential job cuts, just eight months after its launch.
Proposals for ‘simple' products have raised the question: Is there a danger that, with basic solutions available, consumers with complex financial needs may bypass the advice channel?
The Money Advice Service has identified six segments of the UK population and given each a song to summarise their attitude to money...
The chief executive of the Money Advice Service (MAS) today said his organisation offers advice solely as "ordinary folk understand it", and revealed some independent financial advisers (IFAs) had helped to develop its material.
The Advertising Standards Authority (ASA) has decided not to uphold any of the complaints against the Money Advice Service (MAS) television advertisements.