A new service called MoneyHelper has been launched by HM Government. It is an easy way to get free, trusted help for your money and pension choices.
The services previously provided by the Money Advice Service, the Pensions Advisory Service and Pension Wise now come under the MoneyHelper name. (If you go to any of their websites, you’ll now be redirected to the new MoneyHelper website.)
MoneyHelper offers free, impartial help that is quick to find and easy to use. It is available online or over the phone, providing clear money and pensions guidance, as well as pointers to trusted services, if you need more support.
MoneyHelper helps people to clear their debts, reduce spending and make the most of their income to build up savings and pensions and know their options. There is a lot of help for people approaching retirement, including how to get the best annuity deal, work out how much you need in retirement and much more.
If you have defined contribution retirement savings, you can still access the Pension Wise guidance service through the MoneyHelper website, or else call 0800 138 3944 to book an appointment.
For money help all in one place that’s free to use, go to www.moneyhelper.org.uk