Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what plans the Government has to ensure that effective guidance is available to consumers in respect of money, pensions and debt.

The government is committed to ensuring that people have access to good-quality, free-to-client, impartial guidance on money, pensions and debt. The Financial Guidance and Claims Bill will create a new guidance body which will merge the functions of The Pensions Advisory Service, Pension Wise and the Money Advice Service. The single financial guidance body will simplify the existing public financial guidance landscape, making it easier for people to access information and guidance and help them make effective financial decisions.