On 4 September 2018, Parliamentary Under-Secretary for Work and Pensions, Guy Opperman, confirmed that following the recent appointments of its Chair and Chief Executive, the Single Financial Guidance Body (SFGB) is expected to launch in January 2019. This body, created under the Financial Guidance and Claims Act 2018, will bring together the services of the Money Advice Service, the Pensions Advisory Service, and Pension Wise under one body. The delivery functions of the SFGB will be money and pensions guidance, and debt advice.

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