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.
FG 21/3 – client objectives
Alistair MacDougall Compliance Drawdown, FCA, ML, Pension, Pension Transfer, PI, transfer
Following on from our previous articles on FG21/3, we will look today at another of the interesting areas covered by the guidance. It goes without saying that the guidance itself is helpful, reiterating and emphasising previous rules and guidance and clarifying some areas that were arguably fuzzy before. However, as well as the actual content, […]