Detail of outcome
The government’s response to this consultation can be found in the consultation document - ‘Public financial guidance review: consultation on a single body’.
In October 2015, the government launched the public financial guidance consultation to seek views on how publicly funded pensions guidance, debt advice and money guidance (including financial capability) could best be structured to help consumers make effective financial decisions.
This consultation sets out a proposed new delivery model for public financial guidance, which is designed to better complement the financial guidance provided by the third sector and the industry and provide more targeted support for consumers.
The government is seeking views on how, within this model, to structure services to best meet consumer need.
The government will consider the responses to this consultation over the summer, and in parallel, work closely with the affected organisations to finalise the delivery structure. A detailed timetable will be set out with the final response to the public financial guidance review, which will be published in autumn 2016.