Mr Hobman announced his resignation from the organisation, which he joined in May 2010, at the start of July and waived an additional £50,000 performance-related bonus.
His remuneration was divided into £250,000 salary plus £38,000 pension and £26,000 in other benefits.
Last year's payment for Mr Hobman was slightly higher at £318,000.
The information was released in the Money Advice Service's public accounts for the year ending 31 March 2012.
Mr Hobman's package accounted for over a third of the total payments made to Money Advice Service directors.

The chief executive is not the only highly paid director. Chairman Gerard Lemos has seen his salary almost double over the past year.
Mr Lemos was paid £43,000 during 2010/11 but this year received £84,000 including £9,000 pension payments paid in lieu of Mr Lemos' contributions to the MAS pension scheme.
Executive directors Karen Broughton and Lesley Robinson were paid £148,000 and £147,000 respectively while Mark Fiander was paid £117,000.
The report stated the organisation was undergoing a series of changes to maximise reach, impact and value for money and ensure it delivers advice to consumers at the right place and time.
MAS has faced significant criticism lately over the cost of its service and the lack of impact it was making on consumers.