New guidance body is golden opportunity to increase household resilience

The proposal is that the new body will replace the Money Advice Service, The Pensions Advisory Service and Pension Wise, to deliver more targeted support for consumers.  LV= is strongly supportive of this reform but think it could go even further to help vulnerable and under-protected UK households to cope with financial shocks.  We believe this merger is a golden opportunity to increase the financial resilience of UK households and provide ‘event driven' guidance that is both impartial and high quality.  For example, this would mean providing guidance at key moments such as taking...