Media comment: support for money worries
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 visits to our websites and more than 49 million visits in total over the past year. One of the most popular reasons that people have sought our help recently has been for guidance on budgeting and managing money. Other popular topics of enquiry have included debt, homes and mortgages, births, deaths and family, and pensions and retirement.”
“Whether it’s easy-to-follow hints and tips about budgeting, finding support or working out what other benefits you may be entitled to, or if you’re struggling to keep on top of bills and payments, moneyhelper.org.uk can help you find a way forward. Our Money Navigator tool can point you in the right direction if you have money issues due to Covid-19, or you can find free, expert debt advice using our Debt Advice Locator tool.”
About the Money and Pensions Service
The Money and Pensions Service (MaPS) is here to ensure every person feels more in control of their finances throughout their lives: from pocket money to pensions. When they are, communities are healthier, businesses are more prosperous, the economy benefits, and individuals feel better off. MaPS delivers free and impartial money and pensions guidance to the public through MoneyHelper, which recently brought together legacy services the Money Advice Service, The Pensions Advisory Service and Pension Wise.
MaPS is working to make sure the whole of the UK understands that financial, physical and mental health are all deeply connected. MaPS’ role is to connect organisations with the shared purpose of achieving the five goals set out in the UK Strategy for Financial Wellbeing.
MaPS supports innovation so that everyone can use the most effective methods to help people feel more in control of their money, targeted to those most in need and inclusive of people from all backgrounds. MaPS is an arm’s-length body sponsored by the Department for Work and Pensions (DWP).
For further information visit the Money and Pensions Service website www.moneyandpensionsservice.org.uk
Members of the public can get free guidance about their money and pensions via: www.moneyhelper.org.uk / 0800 138 7777