Money Advice Service

A Money Advice Service-backed strategy to boost the financial capability of the nation has launched today, following research which suggested a bleak picture of the nation's financial understanding.

The Money Advice Service (MAS) has linked with the Big Lottery Fund in Wales to launch a £400,000 pilot scheme designed to help parents teach their kids about money.

The Money Advice Service (MAS) made a loss of £786,000 last year and has confirmed it will not return any capital to the industry.

Association of Professional Financial Advisers (APFA) director general Chris Hannant and former Association of British Insurers (ABI) boss Otto Thoresen have been named on a panel tasked with helping shape the future of the Money Advice Service (MAS)....

As many as 6,000 people have accessed the Money Advice Service's (MAS) retirement adviser directory in its first month of operation, the consumer body has said.

The Money Advice Service (MAS) is set to redistribute funding from its 'money advice' proposition to its 'debt advice' offering, meaning advisers' contributions to the body could be cut.

Chairman of the Treasury Committee (TC) Andrew Tyrie has again called for the abolition of the Money Advice Service (MAS), in a series of letters published on 30 November.

How should the guidance guarantee look? Chris Daems believes it should take a leaf out of NHS Direct's book.

The Financial Services Consumer Panel (FSCP) has called for the Money Advice Service (MAS) to widen its remit from generic advice to helping people "understand products" and "choosing a pension or a mortgage".

Financial advisers will contribute £3.7m toward the Money Advice Service (MAS) in 2014-2015, a decrease of almost 18% on the previous year.