Money and Pensions Service launches with plea on financial wellbeing

'Service is big step'

clock • 2 min read

Launched under refreshed name, MAPS calls for first strategy on financial wellbeing

The service, initially named the Single Financial Guidance Body (SFGB), was formed from the merger of The Pensions Advisory Service, the Money Advice Service, and Pension Wise. It provides guidance on money issues including pensions, investments and debt, and is now seeking input for its first national strategy for money and pensions and three-year corporate plan. Officially launched on Saturday (6 April), the body will carry out a tour of the UK to hold stakeholder roadshows in 10 locations across the country, asking what specifically needs to be done to improve financial wellbeing b...

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