Oliver Morley appointed new Chief Executive Officer of the Money and Pensions Service

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The Money and Pensions Service (MaPS) has announced the appointment of Oliver Morley as its new Chief Executive Officer.

Oliver Morley is currently CEO of the Pension Protection Fund (PPF) and will be joining MaPS as our CEO effective from 1 February 2024.

Oliver brings a unique blend of private sector experience combined with a successful record of leadership as CEO of public sector organisations including PPF, and prior to that as CEO of the DVLA, which delivers services to over 45 million customers annually. 

Oliver is committed to seeing MaPS reach its full potential to deliver on its purpose “to help people, particularly those most in need, to make the most of their money and pensions.” His experience at PPF also gives him an established relationship with key pensions industry stakeholders to support the team as we deliver the Pensions Dashboards Programme, including our own MoneyHelper dashboard, over the next three years.

Minister for Pensions Laura Trott said:

“I warmly welcome Oliver to the Money and Pensions Service.

“I look forward to continuing our close collaboration and ensuring the record number of people saving for retirement in this country have access to the support and information they need to make informed choices about their financial futures.”

The Economic Secretary to the Treasury Andrew Griffith said:

“Finances can be tricky to navigate, and the Money and Pensions Service offers common sense advice and guidance that helps people make the most of their money.

“I congratulate Oliver Morley on his appointment as the new CEO and look forward to working with him to improve financial wellbeing across the UK.”

Sara Weller CBE said:

“I am delighted to be welcoming Oliver Morley as the new CEO of the Money and Pensions Service, and extend my thanks to Caroline Siarkiewicz for her leadership and commitment to MaPS in her time as Chief Executive."

Oliver Morley said:

"It is a real privilege to be appointed as MaPS' new Chief Executive. I greatly look forward to working with Sara Weller and the teams across the UK to take the MaPS mission forward with its clear focus on helping people improve their financial wellbeing, while remaining part of the same departmental family.”

“MaPS has a key role to play making impartial money guidance accessible to all, and I look forward to working closely with our many partners to help people right across the country feel more able to manage their money."

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Notes to editors

  • MaPS is an arm’s-length body of the Department for Work and Pensions (DWP) and provides free and impartial money guidance across the UK, as well as debt advice in England. In providing these services, it supports the policy delivery of DWP and HM Treasury.
  • The outgoing Chief Executive, Caroline Siarkiewicz, announced in June that she would not be seeking a second term. She will continue to lead the organisation until the end of January 2024.
  • The appointment was made following an open competition regulated by The Office for the Commissioner of Public Appointments.

Media enquiries

For media enquiries please contact: MaPS Press Office 020 8132 5284 | media@maps.org.uk

About the Money and Pensions Service 

Our vision is “Everyone making the most of their money and pensions.”

We offer free, impartial help and guidance on money and pensions via www.moneyhelper.org.ukOpens in a new window and 0800 138 7777. The service includes a range of free tools, plus the opportunity to speak to an expert via WhatsApp, phone, email or live chat. We also co-ordinate the UK Strategy for Financial Wellbeing, working with partners and stakeholders to help everyone find their way forward and build a better financial future.

We are an arms-length body, sponsored by the Department for Work and Pensions and funded by levies on both the financial services industry and pension schemes. For more information, annual corporate plan and strategy

Media enquiries

For media enquiries please contact MaPS Press Office:

020 8132 5284Opens in a new window

media@maps.org.ukOpens in a new window