News

Today, the Money and Pensions Service (MaPS) is pleased to announce the new contract to deliver an Independent Quality Assessment Service (IQAS) has been awarded to Recognising Excellence. Recognising Excellence, which has previously worked in partnership with MaPS, will deliver the new service from April 2023. The service will independently assess compliance with the FCA-approved...

As an employer, you have an important role in transforming financial wellbeing in the UK. We have put together a practical guide outlining seven simple steps to help you support the financial wellbeing of your workforce. Wherever you are in the journey, from just starting out to having concrete plans in motion, this guide will provide you with practical guidance, support and assistance to...

The Money and Pensions Service has responded to the Government’s announcement that parents on Universal Credit will receive more money for childcare costs and won’t have to pay it up front. Nick Hill, Senior Advice Manager at the Money and Pensions Service, said: “Receiving help with their childcare costs up front is a double dividend for many parents. Not only can...

The Money and Pensions Service (MaPS) has announced that Ann Harris OBE, CPFA has been reappointed to its Board by the Department for Work and Pensions (DWP). Ann has served as non-executive director on the MaPS Board since it was first established. Her new term will run for two years from 1 April 2023 to 31 March 2025. Before joining the Board, Ann was the Chair and a...

Debt Insight Manager Paul Das shares what we know about the changes in how many people need debt advice, who might need advice in the future and how people are responding to changes in the cost of living. In 2021, MaPS adopted a new way of measuring the need for debt advice and we reported back on who needed debt advice using the results from our 2021 debt need survey, including an...

Miliynau yn benthyg i dalu am fwyd, biliau cyfleustodau a thaliadau rhent neu forgais, gyda hanner ohonynt yn ei wneud am y tro cyntaf. Mae un o bobpump yn meddwl bydd angen credyd arnynt i ddod drwy’r tri mis nesaf, Mae’r Gwasanaeth Arian a Phensiynau yn lansio ymgyrch newydd i godi ymwybyddiaeth o’r cyngor ac arweiniad sydd ar gael i’r rhai sydd wedi’u heffeithio gan gostau byw....

Today, as part of its £76m per year investment into debt advice services in England, the Money and Pensions Service (MaPS) is pleased to announce the signature of contracts with the following organisations to provide national and business debt advice, and the administration of debt relief orders (DROs). These three-year contracts have been signed after the successful conclusion...

The provision of financial education for children and young people is key to ensuring we build strong foundations to help everyone make the most of their money and pensions. Through the financial education provision mapping, the Money and Pensions Service (MaPS) aims to provide a snapshot of financial education programmes for children and young people across the UK. This report sets out...

A fifth of UK adults have sought free help, money guidance or debt advice. One in four have spoken to companies about extra support, e.g. energy suppliers. Young people are the most likely to need help. Free money guidance and debt advice is available, but one in five don’t know where to find it. More than 11 million people across the UK have looked for money...

Ar y cyfan, mae chwarter oedolion y DU â llai na £100 wedi’u cynilo.  Mae bron hanner y bobl sy’n defnyddio credyd yn bryderus am faint sy’n ddyledus ganddynt.  Mae traean yn bryderus am nifer y cynhyrchion credyd sydd ganddynt.  Mae help am ddim ar gael, ond mae pedwar o bob pump person yn dal i’w chael hi’n anodd siarad am arian.  Does gan naw miliwn o bobl...

New MaPS Independent Quality Assessment Service (IQAS) Announced

Financial wellbeing guidance for employers

Media comment: Childcare reforms announced in budget a “double dividend” for parents

The Money and Pensions Service announces reappointment of Ann Harris OBE, CPFA, to its Board

Need for debt advice and how households are reacting to changes in the cost of living

Mae un o bob pump o bobl nawr yn benthyg i dalu am fwyd a biliau hanfodol eraill, gyda hanner yn ei wneud am y tro cyntaf

Money and Pensions Service signs contracts for national and business debt advice services and the administration of Debt relief orders in England

Financial education provision mapping 2021: Final report

Rising cost of living sees over 11 million people seek money help in the last three months

Nid oes gan un o bob chwech o oedolion y DU unrhyw gynilion

Managing money in uncertain times