The Money Advice Service (MAS) has published its annual report and accounts for the year ended 31 March 2015.  

The report provides an account of how MAS has helped people manage and reduce their debts by providing access to free debt advice and introducing three-year funding arrangements with its lead delivery organisations.  MAS has reported that more than 8.4 million people contacted MAS in 2014/15, an increase of around 90% on the previous year, and nearly four times the number doing so in 2012/13. 

Commenting on MAS’s progress in 2014/2015, Caroline Rookes, Chief Executive, said: “We have already begun to respond to the report’s recommendations and we are continuing to work closely with stakeholders to ensure that the services we provide, and the way we work with others, are aligned with consumers’ needs and interests.