Legal background Single Financial Guidance Body
Government-sponsored pensions guidance, money guidance and debt advice is currently provided by the Money Advice Service (a not-for-profit company originally established by the Financial Conduct Authority under section 6A of the Financial Services and Markets Act 2000), the Pensions Advisory Service (which is incorporated as a not-for-profit company limited by guarantee) and the Department for Work and Pensions under the ‘Pension Wise’ banner (under Part 20A of the Financial Services and Markets Act 2000).