Blog: The future of MAS is 'very debateable'

Is a rebrand on the cards for the Money Advice Service?

clock • 3 min read

Richard Walsh has some strong views on the future role of the Money Advice Service. Here he explains why its debt advice work should be its only focus

I suspect 2016 will be a year of change at the Money Advice Service (MAS). And, let's be honest, the gestation period has been lengthy.  In May 2014, the government launched the Independent Review of MAS led by Christine Farnish. The report was published in March 2015, just before the last election along with the coalition government's response. However, it was clear from its response that this was not the end of the matter. In addition, we now have a new government: one that is less keen on state interventions than the previous one. So what do we know? First, MAS is the largest si...

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 Your profession

FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read
ETF providers launch unlisted share classes to tackle slow MPS adoption

ETF providers launch unlisted share classes to tackle slow MPS adoption

Technological and cost barriers

Valeria Martinez
clock 22 November 2024 • 5 min read
Advisers expect regulation to limit time taken on giving advice

Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock 22 November 2024 • 2 min read