Government-backed financial guidance body the Money and Pensions Service (MAPS) has appointed 11 leaders tasked with transforming UK financial wellbeing over the next 10 years.

The Money and Pensions Service, the government-backed consumer financial guidance body, has appointed acting CEO Caroline Siarkiewicz as its permanent chief executive.

The government-backed pension advisory Pension Wise says its users are more likely to use a financial adviser after taking guidance from the service.

A number of influential bodies and organisations have backed a new government-supported 10-year strategy to improve financial wellbeing for millions.