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Money & Pensions Service

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MAIN - PURPOSE

Our purpose

The Money & Pensions Service has five core functions:

Pensions guidance

to provide information to the public on matters relating to workplace and personal pensions.

Money guidance

to provide information designed to enhance people's understanding and knowledge of financial matters and day-to-day money management skills.

Debt advice

to provide people in England with information and advice on debt.

Consumer protection

enabling the Money & Pensions service to work with Government and the Financial Conduct Authority (FCA) in protecting consumers.

Strategy

work with the financial services industry, devolved authorities and the public and voluntary sectors to develop a national strategy to improve people's financial capability, help them manage debt and provide financial education for children and young people.

The Money & Pensions Service is funded by levies on both the financial services industry and pension schemes. The new body is sponsored by the Department for Work and Pensions, but will also engage with HM Treasury, which is responsible for policy on financial capability and debt advice.

The right people in the right jobs at the right time

We aim to attract and retain the very best talent, so we can achieve our business objectives and make a difference to millions of people’s lives. We recruit people who have the right skills, knowledge and behaviours for the job, and show a strong commitment to the aims, values and vision of the organisation.

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