Money Advice Service

(asked on 18th June 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what plans he has for the future of the Money Advice Service.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
This question was answered on 24th June 2014

The government has commissioned an independent review of the Money Advice Service, led by Christine Farnish, which will report to me by the end of the year.

MAS has an important responsibility to increase financial knowledge and capability in the UK. The review will consider how effectively and efficiently MAS is meeting the consumer need for education and advice; and make recommendations on any changes to MAS's approach that would better enable it to meet this need.

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