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New chairman named for UK Money Advice Service

A former insurance executive and strategic adviser to the Carlyle Group has been appointed as chairman of the UK government’s free online financial advice initiative.

The UK Financial Conduct Authority has announced former Life Trust Holdings chief executive Andy Briscoe as the new chairman of the service, an independent organisation set up by the British government to provide free general advice and improve the financial awareness of consumers.

Mr Briscoe has 27 years’ experience in financial services and says he is looking forward to the task.

“In these tough economic times, some people are facing financial problems and anxiety,” he said.
“So this is an important time for me to be joining the Money Advice Service as chairman.

“I am excited to have the opportunity to help consumers better understand the options available to them, and through planning their finances, to help everyone to make the most of their money.”