Single Financial Guidance Body officially launches

Five core functions

Adam Saville
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 Sir Hector Sants, chairmanof SFGB
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Sir Hector Sants, chairmanof SFGB

Created from three existing providers of government-sponsored financial advice

The Single Financial Guidance Body (SFGB), an organisation made up of The Money Advice Service, The Pensions Advisory Service and Pension Wise, has launched with five core functions. Offering advice around debt, money guidance and pensions, the SFGB is funded by levies on both the financial services industry and pension schemes. Sponsored by the Department for Work and Pensions (DWP), it will also engage with HM Treasury, which is responsible for policy on financial capability and debt advice....

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