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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.

Pembrokeshire Money Practitioner discusses money and mental health, as the Money and Pensions Service shows three quarters of people with a mental health problem struggle with money

This week (12-18 May) is Mental Health Awareness Week. Pembrokeshire money practitioner, Frank Farrer, discusses the Money and Pensions Service's Money Guiders...

12 May 2025

Debt advice organisations funded by the Money and Pensions Service helps boost users’ income by £48 million

The Money and Pensions Service (MaPS) funded debt advice impact report highlights that in 2023/24 organisations funded by MaPS reported that people accessing...

24 March 2025

Businesses have a key role in helping apprentices understand pensions, as only one in ten young people correctly answer basic pension questions

One in eight (13%) young people don’t know their pension basics finds the Money and Pensions Service (MaPS), as they couldn’t answer any question correctly in...

12 February 2025

Over half of UK adults don’t have a will – what to do if your loved one dies without one

Research from the Money and Pensions Service (MaPS) shows that 53% of adults aged 50-64 and 22% of those aged 65 and over do not have a will.

27 January 2025

Money and Pensions Service publishes its 2023/24 Annual Report and Accounts

MaPS has published its 2023/24 Annual Report and Accounts, demonstrating a strong financial performance and exceeding each of its Key Performance Indicators.

14 November 2024

Debt advisers speak out about the benefits of getting debt advice encouraging people to “reach out, you’re not alone”

As part of this year’s Talk Money Week, three debt advisers have worked with the Money and Pensions Service (MaPS) to highlight the benefits and importance of...

06 November 2024

Man who checked his pension to find surprise £70,000 urges people to check their pensions, as only a third do

The Money and Pensions Service (MaPS) has found that over a third of adults who have contributed to a pension have never engaged with it, from its survey of ...

05 November 2024

Money and Pensions Service publishes the findings of its debt advice strategy consultation

The Money and Pensions Service (MaPS) has published the findings of its consultation into the delivery of its debt advice strategy.

15 October 2024

One in three working young people have never contributed to a pension

In a survey of 2,000 UK 18 to 25-year-olds, MaPS found that one in three (29%) who are currently working have never contributed to a workplace or private pension.

09 September 2024

Money and Pensions Service launches Pension Wise Digital

The Money and Pensions Service (MaPS) has launched ‘Pension Wise Digital’ to expand the existing Pension Wise service to more people. By doing so, MaPS is answering...

09 September 2024

Money and Pensions Service to build a nation of savers through new UK Savings Charter

Over 11.1 million working age adults on low to modest incomes do not save regularly – without this savings buffer, people could be left vulnerable to unexpected...

09 September 2024

Single mum-of-two bravely warns of gambling effects on families, as new data reveals those most at risk of falling into gambling harm

Men, those aged 18-44, and people living in households with an income of less than £9,500 are more at risk of gambling harm, finds the Money and Pensions Service...

28 August 2024

New Non-Executive Director appointed at the Money and Pensions Service

The Money and Pensions Service (MaPS) has announced the appointment to its Board of Jaspal Dhillon, as a new Non-Executive Director (NED) chairing the Audit ...

06 August 2024

Find the perfect student bank account with MoneyHelper’s improved comparison tool

The Money and Pensions Service (MaPS) has refreshed its bank account comparison tool on its consumer-facing site, MoneyHelper, to help make choosing the right...

05 August 2024

How parents can teach children about money at home during the summer holidays: six tips from the Money and Pensions Service

As the summer holidays approach across England and Wales, the Money and Pensions Service (MaPS) is urging parents to teach their children about money, with six...

17 July 2024

Wales Manager at Money and Pensions Service recognised in the King’s Birthday Honours List 2024

Wales Manager for the Money and Pensions Service, Lee Phillips, has been awarded an MBE in this year’s King’s Birthday Honours List for her outstanding achievements...

17 June 2024

New Non-Executive Director appointed at the Money and Pensions Service

The Money and Pensions Service (MaPS) has announced the appointment to its Board of a new Non-Executive Director (NED), Richard Harvey, who will join the MaPS...

24 May 2024

3/4 people feel more scam savvy thanks to “vital” pension service

71% of people who had a Pension Guidance call with MoneyHelper said they have the tools to deal with potential financial crimes and scams, the Money and Pensions...

24 April 2024

Welsh Government and Money and Pensions Service join forces on new financial education guides for schools

According to new research from the Money and Pensions Service (MaPS), 3 in 4 people in Wales think pupils need more support with money skills.

14 March 2024

3 in 4 people in Northern Ireland think most pupils leave school without the money skills they need

According to new research from the Money and Pensions Service (MaPS), three in four people across Northern Ireland think most pupils are leaving education without...

05 March 2024

Eight million people need debt advice and another 12 million are living on the edge

More than eight million people across the UK need to get debt advice and over 12 million more live on the edge, new figures from the Money and Pensions Service...

29 February 2024

Hundreds of thousands of young people leaving school every year without money skills

Three in four UK teachers think most young people now leave school or college without the money skills they need, according to new research from the Money and...

19 February 2024

Money and Pensions Service becomes Bedford’s 2nd largest employer with new HQ

The Money and Pensions Service (MaPS) has today (February 1st) opened its new headquarters at Bedford Borough Hall.

01 February 2024

Demand for MoneyHelper service surges 34% in first week of 2024

The demand for online money help has surged by 34% in the first week of 2024, the Money and Pensions Service (MaPS) has confirmed.

30 January 2024

Money and Pensions Service publishes second stage of debt advice strategy

The Money and Pensions Service (MaPS) is today launching the next stage of its debt advice strategy – a formal consultation on its proposals.

10 January 2024

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 ...

05 December 2023

Zoe Burns-Shore appointed new Executive Director for Customer Delivery of MaPS

The Money and Pensions Service (MaPS) has announced the appointment of Zoe Burns-Shore as the new Executive Director for Customer Delivery.

20 November 2023

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.

09 November 2023

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...

06 November 2023

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.

16 October 2023
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