Introducing the Standard Financial Statement
The Standard Financial Statement (SFS) is a tool used to summarise a person's income and outgoings, along with any debts they owe. Primarily for people seeking debt advice, the SFS is mainly used by debt advice providers and other relevant organisations.
It provides a single format for financial statements, allowing the debt advice sector and creditors to work together to achieve the right outcomes for people struggling with their finances.
Announcements
The Standard Financial Statement and low-income households - The FinCap Blog
20th May 2019
Daniel Kelly, co-ordination and engagement manager at the Money and Pensions Service, describes the Standard Financial Statement and recent updates in household finances on The FinCap Blog.
Introducing the Money and Pension Service
15th April 2019
Set up by government, we are bringing together three respected bodies of financial guidance: the Money Advice Service, The Pensions Advisory Service and Pension Wise into one single organisation - the Money and Pension Service