The Single Financial Guidance Body (SFGB) was created to take over the obligations previously provided by three organisations, namely …
- The Money Advice Service
- The Pensions Advisory Service
- Pension Wise
… bringing together for the first time the provision of debt advice, money guidance and pensions guidance.
Initially launched on 1 January 2019, the body will formally commence under its new name of the Money and Pensions Service (probably to be referred to as MAPS) from 6 April 2019.
Further information can be found on the (SFGB) website.
The MAPS website will be here and is due for launch by 6 April.
Tax Year End Update
Doug McFarlane Suitability 2024, Pension, transfer, Update
Our report writing software has been fully updated on 6th April 2024 to accommodate changes to allowances, rates and reliefs for the 2024/25 tax year. Full details can be found below: Pensions Existing ‘Lifetime Allowance’ wording removed and replaced with new ‘Lump Sum Allowance (LSA)’ and ‘Lump Sum and Death Benefit Allowance (LSDBA)’ wording. In […]