Speeches

The Money and Pensions Service (MaPS) was established in 2018, in line with the Financial Guidance and Claims Act but its origins, go back to 2004 when the then Financial Services Authority produced the first national financial capability strategy. In my former role as Chief Executive of the FSA, I was involved in that exercise and so when the I heard about the MaPS Chair role, it felt like...

Speaker: Money and Pensions Service (MaPS) chair Sir Hector Sants Just over two years ago, the Money and Pensions Service (MaPS) made its first major strategic intervention into helping people manage their money. In January 2020 we launched the UK’s first ever national Financial Wellbeing Strategy. Our UK strategy was developed with the explicit support of government. It drew upon...

Speaker: Money and Pensions Service (MaPS) and The Pensions Regulator MaPS and The Pensions Regulator (TPR) held a joint virtual event on 19 November 2021, ahead of the launch of Pension Safeguarding appointments on 30 November. These appointments will be available for consumers where schemes or providers have signposted them to guidance where ‘amber flags’ have identified there may be a...

Speaker: Money and Pensions Service (MaPS) chair Sir Hector Sants The FCA, in its consultation paper published in May of this year, proposed a new consumer duty to sit above and in tandem with the current principles. It would be designed to provide an overarching standard of conduct. In the FCA’s words the duty is designed to “put firms in the customers shoes” and to ask the...

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...

Speaker: Money and Pensions Service (MaPS) Head of Pension Operations Charlotte Jackson It is clearly very easy for the scammers to persuade their victims that the financial “advice” they were offering would supposedly improve their later life. The pensions scams market is constantly evolving and it’s...

Chair Sir Hector Sants gives the keynote speech at Pinsent Masons, 30 Crown Place, London. Good morning. It is a pleasure to be here. Hopefully by now you all know who we are. For those of you who don’t – the Money and Pensions Service (MaPS) is a new organisation, set up by Parliament. We have a clear and ambitious vision – of “a society where everyone makes the most of their money...

Introduction by Sir Hector Sants (Chair, Money and Pensions Service) – Westminster Central Hall Good morning. I am delighted to be here today to welcome you all to the ‘Helping children and young people learn about money’ event, hosted by the Money and Pensions Service and supported by the Department for Education and HM Treasury. This is a very important event,...

Introduction and welcome Speech by Sir Hector Sants (Chair, Money and Pensions Service) at Coin Street Community Builders, London. Download the speech transcript

A future path for money and pensions Speech by John Govett (CEO, Money and Pensions Service) at Coin Street Community Builders, London. Download the speech transcript

Sir Hector Sants on his tenure as Chair of the Money and Pensions Service, 19 January 2023

Financial Inclusion Summit – 15 February 2022

Pension safeguarding, 19 November 2021

FCA Consumer Duty Summit, 18 November 2021

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

The Pensions Regulator webinar, 24 November 2020

UK Finance Later Life Lending conference, 11 July 2019

Helping children and young people learn about money conference, 3 July 2019

Money and Pensions Service launch event, London, 8 April 2019

Money and Pensions Service launch event, London, 8 April 2019

Managing money in uncertain times