Press releases

Need for debt advice to rise when Covid-19 support measures end in coming months Money guidance helplines are preparing for a rise in people needing debt advice in early 2021 with a call about debt expected at least every four minutes throughout January1 at the Money and Pensions Service (MaPS), who are anticipating that debt advice demand will grow this year due to the continued impact of...

Read the full press release on the Pensions Dashboards Programme website For media enquiries contact:MaPS Press Office  020 8132 5284  /  media@maps.org.ukMia Cochrane 020 8132 4395 / mia.cochrane@maps.org.uk

The Money and Pensions Service (MaPS) has responded to the announcement of the Nesta Rapid Recovery Challenge semi-finalists. Sarah Porretta, the Money and Pensions Service Strategy and Insights Director said: “We’re looking forward to seeing how these initiatives, including the winners from the financial recovery strand we are supporting, will help meet the financial wellbeing needs...

Further to the recent sad passing of Kathryn Burgess, an Executive Director of the Community and Advice and Law Service (CALS) and the East Midlands Money Advice (EMMA) CEO of the Money and Pensions Service Caroline Siarkiewicz said: “On behalf of all of my MaPS colleagues I would like to extend our deepest condolences to the family and friends of Kathryn, who sadly passed away last week...

Following the announcement that Debenhams stores are set to close, Nick Hill, customer advisory manager at the Money and Pensions Service, said: “This is clearly a difficult time for all sectors, including retailers and following the news about Arcadia last night there will now be thousands of Debenhams staff who will understandably be very concerned about their jobs, pensions and overall...

The Money and Pensions Service (MaPS) has responded to the launch of Energy UK’s Vulnerability Commitment. Craig Simmons, head of debt policy and strategy at the Money and Pensions Service said: “When people are struggling to keep up payments on their energy bills they may be experiencing financial difficulties in other areas too, which is why it’s important that people know they...

Following the announcement that Arcadia has gone into administration, Nick Hill, customer advisory manager at the Money and Pensions Service, said: “This is clearly a challenging time for all sectors, including retailers and there will now be thousands of Arcadia staff who will understandably be very concerned about their jobs, pensions and overall financial security as a result of this...

New financial education guidance for primary and secondary schools in Scotland has been launched today, endorsed by the Scottish Government. The guidance, which has been created by the Money and Pensions Service, as part of the drive to support financial wellbeing and the delivery of financial education for people across the UK, is designed to encourage conversations about...

Money and Pensions Service commissioned independent report to help tackle the financial wellbeing impact of Covid-19MaPS will take recommendations into account in building a financial wellbeing movementReport released following fifth successful ‘Talk Money Week’ – annual MaPS campaign designed to get people talking about their personal finances The Money and Pensions Service (MaPS) has...

55% of people don’t feel comfortable opening up when they have worries about their financial situationDespite 48% admitting they have regularly worried about money recentlyiTop reasons for bottling up money worries include shame, not wanting to burden others and claiming they were brought up to avoid talking about money A new study into the financial behaviours of UK adults, released today...

Helplines forecast a call about debt every four minutes in January

Data standards for pensions dashboards announced

Media comment: Nesta Rapid Recovery Challenge

Statement from MaPS on the passing of Kathryn Burgess

Media comment: Debenhams closure – guidance for employees

Media comment: Energy UK Vulnerability Commitment

Media comment: Arcadia falling into administration – guidance for employees

New guidance launched to help schools in Scotland enhance financial education for primary and secondary pupils

Money and Pensions Service provides response to challenging financial wellbeing recommendations

Shame, upbringing and burdening others: why 29 million UK adults don’t feel comfortable talking about money despite feeling worried about it

Managing money in uncertain times