SFGB officially named Money and Pensions Service

‘Advice’ left out of nomenclature

Adam Saville
clock • 1 min read

The Single Financial Guidance Body receives awaited new title

In January, we announced the launch of the Single Financial Guidance Body (SFGB), an organisation with five core functions made up of The Money Advice Service, The Pensions Advisory Service and Pension Wise. At the time of writing we noted it was awaiting a choice of new title. Read more about it here. According to The Financial Guidance and Claims Act 2018 (Naming and Consequential Amendments) Regulations 2019, which comes into force on 6 April, the body, set up to provide guidance around debt, money and pensions, has been officially named the Money and Pensions Service. Funded by le...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FCA logs 210 Consumer Duty whistleblower complaints in Q1

FCA logs 210 Consumer Duty whistleblower complaints in Q1

265 cases closed between January and March

Michael Nelson
clock 11 May 2026 • 2 min read
FCA to introduce multi-firm review for bereavement processes

FCA to introduce multi-firm review for bereavement processes

Review expected to launch this year

Sophia Panayi
clock 08 May 2026 • 2 min read
FCA to investigate poor claims management practices

FCA to investigate poor claims management practices

Looking into CMCs and law firms

Jenna Brown
clock 06 May 2026 • 3 min read