One in four people plan to borrow money for Christmas
Almost 14 million people plan to borrow money for Christmas or other religious and cultural holidays over the next three months, new research from the Money ...
Press releases
Find previous press releases on topics including budgeting, saving, debt and borrowing, pensions and financial education.
The Money and Pensions Service’s (MaPS) press office provides a central resource for all media enquiries.
More than half of people don’t know what happens to their pension when they die
More than half of people don’t know what happens to their pension when they die and now is the time to find out, the Money and Pensions Service (MaPS) says.
One in three people have missed payments on vital bills already this year
More than 16 million people have missed payments on key household bills this year and over two million did so for the first time, according to new research for...
Oliver Morley appointed new Chief Executive Officer of the Money and Pensions Service
The Money and Pensions Service (MaPS) has announced the appointment of Oliver Morley as its new Chief Executive Officer.
New tool launched to help parents and carers teach children about money
A new tool launched by the Money and Pensions Service (MaPS), Talk Learn Do Digital, will help parents and carers teach children about money and transform their...
One in five Buy Now Pay Later customers using it for essential items
Almost two million Buy Now Pay Later customers are now using it for essential items, new research suggests.
Pension Wise users much more likely to feel well informed about pension pot options than non-users
Nine in ten Pension Wise users say it provided the information they needed, according to new research from the Money and Pensions Service (MaPS).
MaPS publishes 2023/24 Corporate Plan
The Money and Pensions Service (MaPS) has today published its annual Corporate Plan. The 2023/24 Corporate Plan covers the second year of MaPS’ first ever three-year...
One in five UK adults declined for credit in a year
More than nine million adults across the UK were declined for credit in just 12 months, new research suggests.
Two thirds of people still putting money into savings
More than 30 million adults across the UK are still saving despite the rising cost of living, new research suggests.
Half of health and care professionals report rise in money-related health issues – but majority feel unequipped to have financial conversations
Half of health and care professionals are now seeing an increase in health problems caused by money worries - but nine in ten (88%) don’t feel equipped to ask...
Money Midlife MOT: new tool launched
The Government has launched an enhanced digital Midlife MOT. The Midlife MOT is an opportunity to take time out to think about your work, health and money. By...
Less than half of UK children have been taught about money
Less than half of UK children have been taught about money at home or in school, according to a new report from the Money and Pensions Service (MaPS).
MaPS CEO Caroline Siarkiewicz to step down in January 2024
The Money and Pensions Service (MaPS) has today announced that its CEO, Caroline Siarkiewicz, has confirmed to the Board that she will not be taking up a second...
Money and mental health organisations combine to back more support for people in difficulty
Money and mental health organisations across the UK are backing a new guide that shows creditors how to offer more support to customers in difficulty.
MaPS makes changes to debt advice grants in response to increased complexity of client cases in community-based services
The Money and Pensions Service (MaPS) is taking action to ensure we keep meeting the needs of debt advice clients, many of whom are presenting with increasingly...
New MaPS Independent Quality Assessment Service (IQAS) announced
Today, the Money and Pensions Service (MaPS) is pleased to announce the new contract to deliver an Independent Quality Assessment Service (IQAS) has been awarded...
Media comment: childcare reforms announced in budget a “double dividend” for parents
The Money and Pensions Service has responded to the Government’s announcement that parents on Universal Credit will receive more money for childcare costs and...
The Money and Pensions Service announces reappointment of Ann Harris OBE, CPFA, to its Board
The Money and Pensions Service has announced that Ann Harris OBE, CPFA has been reappointed to its Board by the Department for Work and Pensions.
One in five people now borrowing to pay for food and other essential bills, with half doing so for the first time
Over 12 million people are now borrowing money for food or essential bills and half of them are doing so for the first time in their lives, new research suggests.
Money and Pensions Service signs contracts for national and business debt advice services and the administration of Debt relief orders in England
Today, as part of its £76m per year investment into debt advice services in England, the Money and Pensions Service (MaPS) is pleased to announce the signature...
Rising cost of living sees over 11 million people seek money help in the last three months
- A fifth of UK adults have sought free help, money guidance or debt advice.
- One in four have spoken to companies about extra support, e.g....
One in six UK adults have no savings
Nine million people across the UK have no savings and another five million have less than £100, according to new research from the Money and Pensions Service...
The Money and Pensions Service announces appointment of new members to the MaPS Advisory Group
The Money and Pensions Service (MaPS) has appointed two new people to its Advisory Group.
Money and Pensions Service to relocate to Bedford
Money and Pensions Service Announcing relocating its head office to Bedford.
Media comment: Google’s announcement of changes to its debt service advertising policy
Action to reduct the visibility of potentially harmful, misleading and misrepresentative debt service advertising.
Money and Pensions Service announces intention to award contracts for national and business debt advice services and the administration of debt relief orders in England
Today, the Money and Pensions Service is announcing the outcome of its debt advice commissioning process for England, through which it is providing more comprehensive...
Money and Pensions Service update on debt advice commissioning: community-based debt advice in England
In February 2022, MaPS announced its intention to offer further grants to existing providers of community-based debt advice, including for face-to-face appointments.
Money and Pensions Service statement on the passing of Her Majesty The Queen
“On behalf of my colleagues at MaPS, I extend my thoughts and sympathies to the Royal Family. Her Majesty the Queen touched the lives of so many people across...
The Money and Pensions Service announces appointments of new non-executive directors
The Money and Pensions Service (MaPS) has announced the appointments to its Board of four new non-executive directors; Marlene Shiels, Monica Kalia, Sara Weller...