A new financial guidance body enabling people to get better help with money matters ranging from budgeting to pension questions will be created by the Government.
The body will be a first point of contact for people looking for debt advice as well as general money and pensions guidance. It will point people in the direction of other organisations such as charities so they can get further help if needed.
The Government unveiled plans for a shake-up of bodies which offer free pensions guidance and money management tips in the Budget earlier this year.
It consulted on the possibility of setting up two bodies for government-sponsored guidance – one covering general money help and one covering pensions.
This would have involved replacing the Mone…
Read the full article at: http://money.aol.co.uk/2016/10/08/government-body-to-help-public-with-money-advice-from-debt-to-pensions/