The Money and Pensions Service is an arm’s-length body, sponsored by the Department for Work and Pensions, with a joint commitment to ensuring that people throughout the UK have guidance and access to the information they need to make effective financial decisions over their lifetime. They deliver this across five core functions and are funded by levies on both the financial services industry and pension schemes.
Practitioners are advised to regularly view the MaPS website at https://www.maps.org.uk/.
A copy of the publication ‘Mental Health and Money’ can be found at Mental Health and Money. This guide shows creditors how to offer more support to customers in difficulty and is backed by the Money and Mental Health Policy Institute, Mind, Rethink Mental Illness and Citizens Advice, along with Adferiad Recovery in Wales, MindWise in Northern Ireland and Scottish organisations Change Mental Health and Citizens Advice Scotland.
The Money and Pensions Service funded debt advice impact report (the first publication dedicated to detailing the work and impact of MaPS-funded debt advice services) can be found at
https://maps.org.uk/en/publications/consultations-and-responses/2024/maps-service-funded-debt-advice-impact-report-2023-2024.
As this is the first time MaPS has produced an impact report in this way, they would welcome feedback. Understanding how this information resonates with the sector is invaluable, as it will guide them in refining future reports and expanding their approach to better serve all stakeholders. Feedback should be provided to Kevin Shaw at Kevin.Shaw@maps.org.uk.
The Annual Report and Accounts 2023/24 of the Money and Advice Pension Service can be found at https://www.gov.uk/government/publications/money-and-pensions-service-annual-report-and-accounts-2023-to-2024?utm_medium=email&utm_campaign=govuk-notifications-topic&utm_source=852769b5-56b1-4c92-bdc7-1c9d4653a161&utm_content=daily.
The Corporate Strategy 2022 to 2025 and Corporate
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