Money and Pensions Service launches with plea on financial wellbeing

'Service is big step'

clock • 2 min read

Launched under refreshed name, MAPS calls for first strategy on financial wellbeing

The service, initially named the Single Financial Guidance Body (SFGB), was formed from the merger of The Pensions Advisory Service, the Money Advice Service, and Pension Wise. It provides guidance on money issues including pensions, investments and debt, and is now seeking input for its first national strategy for money and pensions and three-year corporate plan. Officially launched on Saturday (6 April), the body will carry out a tour of the UK to hold stakeholder roadshows in 10 locations across the country, asking what specifically needs to be done to improve financial wellbeing b...

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 Individual Protection

Third of adults are not confident on coping with financial shocks

Third of adults are not confident on coping with financial shocks

The Exeter research findings

Jaskeet Briah
clock 24 June 2026 • 2 min read
Beagle Street enters intermediary market

Beagle Street enters intermediary market

Life and CI

Cameron Roberts
clock 19 June 2026 • 3 min read
CIC claims for prostate cancer up by 65% since 2023: Aviva

CIC claims for prostate cancer up by 65% since 2023: Aviva

£38m paid out for prostate cancer in 2025

Jaskeet Briah
clock 15 June 2026 • 1 min read