Government criticises 'inefficient' debt and pensions advice bodies

Treasury and DWP consult on new body to replace Money Advice Service, Pensions Advisory Service and Pension WiseThe current “inefficient and confusing” system of government-backed financial help for consumers is to be replaced with a new one-stop-shop organisation that will advise consumers about debt, pensions and scams.This new body will replace three existing publicly-funded organisations, one of which came under fire for spending more than £100m on marketing and advertising