The Pensions Advisory Service
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The Pensions Advisory Service (TPAS) was a
non-departmental public body In the United Kingdom, non-departmental public body (NDPB) is a classification applied by the Cabinet Office, Treasury, the Scottish Government and the Northern Ireland Executive to public sector organisations that have a role in the process of n ...
and independent non-profit
company limited by guarantee In British, Australian, Bermudian, Hong Kong and Irish company law (and previously New Zealand), a company limited by guarantee (CLG) is a type of corporation used primarily (but not exclusively) for non-profit organisations that require legal pe ...
in the United Kingdom, which provided free information, advice and guidance on state, company and individual
pension scheme A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ...
s. Additionally they helped any member of the public who had a problem, complaint or dispute with their
occupational Employment is a relationship between two party (law), parties Regulation, regulating the provision of paid Labour (human activity), labour services. Usually based on a employment contract, contract, one party, the employer, which might be a co ...
or
private pension A private pension is a plan into which individuals contribute from their earnings, which then will pay them a private pension after retirement. It is an alternative to the state pension. Usually, individuals invest funds into saving schemes or mu ...
arrangement. The organisation was grant-aided by the
Department for Work and Pensions , type = Department , seal = , logo = Department for Work and Pensions logo.svg , logo_width = 166px , formed = , preceding1 = , jurisdiction = Government of the United Kingdom , headquarters = Caxton House7th Floor6–12 Tothill Stree ...
The service was provided by a nationwide network of volunteer advisers with the required knowledge and experience who were supported and augmented by a technical and administrative staff based in
London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
. In January 2019 the UK government launched the Money and Pensions Service, combining the Money Advice Service, the Pensions Advisory Service and
Pension Wise Pension Wise is a free and impartial pension advice service set up by the government of the United Kingdom in 2015. It offers guidance for people on the pension changes introduced in the 2014 United Kingdom budget. Under these changes those w ...
to form a single financial guidance body. The decision to merge the organisations into one body was originally announced in March 2016 by
HM Treasury His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...
and confirmed in the
Queen's Speech A speech from the throne, or throne speech, is an event in certain monarchies in which the reigning sovereign, or a representative thereof, reads a prepared speech to members of the nation's legislature when a Legislative session, session is ...
of June 2017. In March 2021, MaPS announced that it would be consolidating its three legacy consumer brands into one brand called MoneyHelper, to provide a better and enhanced consumer experience and a single source of information and guidance.


References


External links

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Money and Pensions Service

MoneyHelper
{{DEFAULTSORT:Pensions Advisory Service Non-departmental public bodies of the United Kingdom government Department for Work and Pensions Pensions in the United Kingdom Private companies limited by guarantee of the United Kingdom