Part 1: Financial Guidance Etc Objectives and functions of the single financial guidance body Section 3: Functions
Subsection (1) gives the single financial guidance body five of its functions. These are the pensions guidance function, the debt advice function, the money guidance function, the consumer protection function and the strategic function. They are described in greater detail later on in the section.
	Subsection (2) confers the additional function on the single financial guidance body of providing the Secretary of State with advice and assistance on matters relating to any of its functions and on the establishment of a debt respite scheme.
	Subsection (3) makes provision for the body to perform any activities incidental or conducive to the exercise of its functions.
	Subsection (4) to (7) and subsection (9) provide a description of each of the five functions that are listed in subsection (1).
	The debt advice function (subsection (5)) applies to England only. The devolved authorities will be responsible for the provision of information on debt and debt advice for individuals in Scotland, Wales and Northern Ireland. This does not form part of this Act but note section 14 which makes provision for funding debt advice in the devolved authorities.
	Subsection (8) requires the body to consider the needs of individuals across its pensions, money and debt advice functions when either it, or its delivery partners, is providing information, guidance, or advice in one of these areas.
	Subsection (10) stipulates that in providing the strategic function the body must work with others, for example those in the financial services industry, the devolved authorities and those in the public and voluntary sectors.