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Money Advice Service

Displaying items by tag: Money Advice Service

Wednesday, 02 January 2019 11:40

Single Financial Guidance Body gets to work

The Single Financial Guidance Body (SFGB) began its work this week as it starts to take over from previous bodies.
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A new pensions body is to be created as a part of a shake up that includes creating a ‘slimmer’ Money Advice Service.
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The Citizens Advice Bureau has replaced the Money Advice Service as one of the two partners to deliver the pensions guidance guarantee.

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Wealth manager St James Place says that pension reforms will create retirement opportunities but retirees will need ongoing advice to avoid running out of money in retirement.

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The Money Advice Service has said it is helping 30,000 consumers per week to manage their finances.
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