answer text |
<p>At Budget 2016, the government published its response to the Public Financial Guidance
Review and launched a consultation seeking views on the government's plans to restructure
the statutory financial guidance providers – the Money Advice Service, The Pensions
Advisory Service and Pension Wise. This paper, which closes on 8 June 2016, sets out
a new delivery model for public financial guidance and seeks views on how, within
this model, the proposed services could best be offered. The new delivery model is
designed to better complement the financial guidance provided by the third sector
and the industry and provide more targeted support for consumers.</p><p> </p><p>The
government will consider the responses to this consultation over the summer, and in
parallel, work closely with the affected organisations to finalise the delivery structure.
A detailed timetable will be set out with the final response, which will be published
in the autumn. The government has been clear that the three affected organisations
will continue to provide guidance to consumers until at least 2018.</p>
|
|