Financial Services: Advisory Services

(asked on 10th March 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what steps he is taking to ensure that money and debt advice is available to people who do not have access to the internet.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 16th March 2015

The Government believes that everyone, regardless of circumstance, should have access to money and debt advice. The Money Advice Service (MAS) was set up to give people the support they need to manage their money well; it provides information on money matters via telephone and face-to-face channels, as well as online. MAS took on statutory responsibility for coordinating provision of debt advice in 2012 – funding for debt advice principally goes to support face-to-face debt advice.

The Independent Review of MAS, due to be published soon, was tasked with considering how MAS can most effectively and efficiently meet the need for money and debt advice.

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