MAS boss: We are addressing enormous advice gap

Jenna Towler
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More than 700,000 people contacted the Money Advice Service (MAS) in the last six months, an increase of 8% compared to last year.

The service's half-year results showed 88% of people would use the MAS again and 81% said it provided them with the information they needed. Some 69% said the service helped them decide on a course of action. Four out of ten people using the service received an action plan - 283,000 action plans so far, against an ambitious target of one million by March 2013. Gerard Lemos, MAS chairman, said: "The service is making steady progress in tackling the country's enormous advice gap. "The long-term goal to make being good with money the norm remains. So we will continue to work hard towa...

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