News

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...

The Money and Pensions Service welcomes the opportunity to provide evidence and views to this Call for Input into change and innovation in the unsecured credit market. As an organisation supporting people to make the most of their money and pensions, we have focused our responses on the questions focused on the areas of consumer benefit and potential for consumer detriment from the unsecured...

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...

To help support the UK Strategy for Financial Wellbeing’s goal of two million more children and young people receiving a meaningful financial education by 2030, the Money and Pensions Service (MaPS) and UK Finance came together to map the current state of financial education delivery and reach across the UK. With the support of HM Treasury, the provision mapping work aims to build an...

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...

A guide to increasing take up of the savings option on the Standard Financial Statement or its equivalent The Money and Pensions Service (MaPS) has developed behavioural science ‘nudges’ to encourage debt advice clients to save or continue saving during their debt plan. These nudges can be used by debt advisers when establishing or reviewing solutions. While not everyone’s...

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...

Craig Simmons is Head of Debt Policy and Strategy at the Money and Pensions Service (MaPS). The past few years have certainly signalled an increasingly higher profile of debt problems in the UK. While this growth in problem debt is a very significant cause for concern, there has been the positive and wider recognition that the debt advice sector is now receiving. Those who work in...

Policy managers Zoe Renton and David Marjoribanks share six pilots funded by the Money and Pensions Service (MaPS) to test scalable ways to build financial wellbeing. Children and Young People Pathfinders: testing the delivery of financial education at scale Our £1.8m Children and Young People (CYP) Pathfinder programme tests the delivery of financial education at...

Statement from MaPS on the passing of Kathryn Burgess

Consultation response | Review into change and innovation in the unsecured credit market – the Woolard Review

Media comment: Debenhams closure – guidance for employees

Financial education provision mapping 2019 – final report summary

Media comment: Energy UK Vulnerability Commitment

Media comment: Arcadia falling into administration – guidance for employees

Encouraging debt advice clients to save using behavioural science

The Pensions Regulator webinar, 24 November 2020

Update on debt advice projects driving forward our Better Debt Advice agenda for change

Building financial wellbeing at scale: six pilots for children and working-age adults

Managing money in uncertain times