The Single Financial Guidance Body (SFGB) is set to be rebranded as the 'Money and Pensions Service', the government has revealed.
In a statutory instrument laid before parliament today (4 March), pensions and financial inclusion minister Guy Opperman confirmed the change in name would take place on 6 April, the first day of the next tax year. The body was introduced at the beginning of this year, unifying The Pensions Advisory Service, Money Advice Service, and Pension Wise under a single structure. It aims to provide a single source of free and impartial pensions and money guidance. Formed as a result of the Financial Guidance and Claims Act 2018, the organisation is headed by chairman Sir Hector Sants (picture...
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