The Cash and Pensions Service

The Cash and Pensions Service (MaPS) brings collectively three revered monetary steerage our bodies: the Cash Recommendation Service, The Pensions Advisory Service and Pension Clever. MaPS is an arm’s-length physique sponsored by the Division for Work and Pensions, established initially of 2019, and in addition engages with HM Treasury on coverage issues regarding monetary functionality and debt recommendation.

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  • January 2019

    The Single Monetary Steering Physique comes collectively

  • April 2019

    Launch of Cash and Pensions Service Model

  • April to Sept 2019

    Listening section. Growing a brand new built-in service

  • Autumn 2019

    UK Technique for Monetary Wellbeing finalised

  • Early 2020

    UK Technique revealed and supply plans developed

Our mission is to make sure everybody within the UK can simply entry the knowledge they should make the suitable monetary choices for them all through their lives, profiting from their cash and pensions. 2019/20 is our transition 12 months, and began with a UK-wide listening section to assist form our UK Technique for Monetary Wellbeing.

MaPS is the biggest single funder of free debt recommendation in England and in addition works alongside companions throughout the UK to make debt recommendation simpler and faster to entry, and to enhance requirements and high quality throughout the sector. We lead innovation by managing an in depth analysis and analysis programme to assist underpin decision-making associated to monetary wellbeing for customers.

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UK Technique for Monetary Wellbeing

The UK Technique is the ten-year framework which is able to assist obtain the imaginative and prescient of everybody profiting from their cash and pensions.  

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