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".
All regulated financial advisers could be included on a new directory being set up by the Money Advice Service (MAS) after the industry and consumers gave the green light to the project.
A "relatively benign" rise in interest rates still has the potential to double the number of households facing debt problems, a think tank has said.
The Treasury wants to hear from financial advisers as it published a call for evidence as part of its review into the role played by the Money Advice Service (MAS).
The Money Advice Service (MAS) has reported a steadily growing customer base in the last year, and said it had reached ten million contacts by the end of 2013.
The Money Advice Service (MAS) has revealed how few hits income protection (IP) has received on its website and is supporting industry initiatives to promote IP to consumers.
Caroline Rookes, the chief executive of the Money Advice Service (MAS), has hit back at critics of the organisation, saying the MAS is now delivering a "very effective" service and does not "step on the toes" of financial advisers.
MPs have called for an urgent independent review into the Money Advice Service (MAS) after a damning report criticised its role and reach, and questioned the salaries it pays its top executives.
A third of ‘sandwich' carers who look after both younger and older relatives have struggled with meeting basic living costs and have identified an ‘advice gap'.
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.