News

An estimated £19 billion is sitting in lost pension pots – averaging £13,000 each 10,000 people in the UK try to trace lost pensions each month but don’t know where to begin MoneyHelper’s free government-backed pensions service is your first point of call This Sunday is National Pensions...

Nick Hill, money expert at the Money and Pensions Service commented: “We know that a lot of people are worried about their finances right now and will be wondering what the measures announced in today’s Budget might mean for them. “If you think changes to the Universal Credit taper rate may apply to you, or you think you may be claiming Universal Credit in the future,...

The Money and Pensions Service provides an update on debt advice commissioning following completion of a key stage of the procurement process As well as providing money and pensions guidance through the MoneyHelper and Pension Wise brands, the Money and Pensions Service (MaPS) is the largest single funder of debt advice provision in England, working with a number of providers to do so....

The Welsh Language Act 1993 places a duty on the public sector to treat Welsh and English languages equally when providing services to the public. The act also requires every public body providing services to the public in Wales to prepare a Welsh Language Scheme. We recognise that the Welsh language has official status in Wales as enshrined by the Welsh Language (Wales) Measure 2011. This...

Money and Pensions Service launches eight-week consultation on Welsh language services MaPS customer resources in Welsh are available via the ‘MoneyHelper’ brand MoneyHelper has services online – including through web chat – and via the phone Today, 4 October 2021,...

The Money and Pensions Service reminds people of the support available to people who are worried about money due to changes in their day to day expenses. Caroline Siarkiewicz, Chief Executive of the Money and Pensions Service said: “We know that many people are worrying about money right now. Since the pandemic, we’ve seen an increase in demand for our services, with 1.2 million more...

Speaker: Money and Pensions Service (MaPS) chair Sir Hector Sants Here in the UK, by 2030, over 13 million people will be at, or beyond, the State Pension age. Many of these people will face complex decisions about how to make their Direct Contribution (DC) pensions last a lifetime. Others may find their pensions options are very limited. Some of these, sadly, may also lose...

The pandemic has changed the personal finances of millions of people across the UK. Paul Das, debt insight manager at the Money and Pensions Service (MaPS), explains how we have adapted the way we measure the need for debt advice to address the changing landscape of problem debt in the UK. We can all...

Overview We at the Money and Pensions Service (MaPS) want to understand the effect that the closure of face-to-face public services during the Covid-19 pandemic has on the accessibility and delivery of debt advice in the UK. While we know the temporary removal of common “triggers” for debt advice at the start of the pandemic led to a drop in demand for debt advice services, anecdotally...

Visits to the seaside, meals out in restaurants, gardening and entertaining at home are the top ‘simple pleasures’ Generation X want to enjoy in retirement33% want to prioritise socialising over ‘big ticket’ items and 41% of those who plan to retire have reassessed their retirement priorities in the wake of the pandemicBut 12 million Gen Xers are in the dark about how much money they will...

MoneyHelper urges people take action for National Pensions Tracing Day

Media comment: Autumn Budget 2021

Media statement: debt advice commissioning update

Welsh Language Scheme

Money and Pensions Service launches consultation on Welsh Language Scheme

Media comment: support for money worries

The Income in Retirement Landscape, SG Pensions Enterprise, 28 September 2021

Who will need debt advice in the future?

Call for evidence on access to debt advice during the Covid-19 pandemic

(Later) life’s little pleasures

Managing money in uncertain times