Single financial guidance body to go live this winter - Guy Opperman

Royal assent in May

Hannah Godfrey
clock • 1 min read

The new single financial guidance and claims body will be up and running by winter this year, according to pensions and financial inclusion minister Guy Opperman.

Speaking at the Association of British Insurers (ABI) event Retirement Interventions and Innovation, Opperman (pictured) said he expected the body to be up and running by towards the end of the year. The new body will combine the Money Advice Service, The Pensions Advisory Service and Pension Wise into one single guidance body.   Opperman also revealed the recruitment process to find a new chair had already begun, and that he hopes the Financial Guidance and Claims bill, which will create the new body, will gain royal assent by May. The Pensions Advisory Service chief executive ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Emma Reynolds: Targeted support is 'exciting opportunity' but 'we need to get it right'

Emma Reynolds: Targeted support is 'exciting opportunity' but 'we need to get it right'

‘Need strong consumer protection in place’

Jenna Brown
clock 22 April 2025 • 3 min read
Legal perspective: A lawyer's view on the FCA's latest employment tribunal case

Legal perspective: A lawyer's view on the FCA's latest employment tribunal case

Whistleblowing or gross misconduct?

Anita Vadgama
clock 17 April 2025 • 4 min read
FCA establishes US and Asia-Pacific presence to promote the UK overseas

FCA establishes US and Asia-Pacific presence to promote the UK overseas

Major international investors 'want easier access'

Beth Brearley
clock 16 April 2025 • 1 min read