Caroline Siarkiewicz appointed as permanent chief executive of The Money and Pensions Service (MaPS) 31 January 2020
Caroline Siarkiewicz has served as interim CEO since June 2019 and that has now been cemented as a permanent arrangement. MaPS confirmed the appointment in a press release.
Siarkiewicz previously held the position of Partnerships and Commissioning Director, which was an executive board role that involved maintaining the organisation’s relationships with partners throughout the UK, and money guidance and debt advice operations for MaPS. Before that, she was the Head of UK Debt Advice at the Money Advice Service, and previously, the Chief Executive of the Institute of Money Advisors.
Pensions Minister, Gup Opperman said:
“I’m delighted that Caroline will be leading MaPS through the next stage of its development. The delivery of the UK Strategy and Pensions Dashboard, alongside the current services that support the most vulnerable, remain top priorities for this government. I wish Caroline and all of the team at MaPS every success.”
MaPS chair, Hector Sants, added:
“ Caroline has demonstrated - both through her time as acting chief executive and in her previous roles - her understanding of, and commitment to MaPS’ vision, its customers, its people and its stakeholders throughout the UK. ”
Siaskiewicz, herself, said:
“I am delighted to be taking up this new role on a permanent basis at such an exciting time for MaPS. I would like to take this opportunity to thank Hector and the Board for their confidence in me, and I look forward to continuing our work towards everyone making the most of their money and pensions. MaPS has a unique role in connecting people behind a collective goal of improving financial wellbeing throughout the UK. As chief executive, I am ambitious and excited for what we can achieve through working together towards a common purpose”
The Department for Work and Pensions (DWP) sponsors MaPS, which is an arm’s-length body, that offers free financial advice and appointments either via the telephone, online or in person.
MaPS recently unveiled the ten-year framework it has designed to promote widespread change and to improve the personal finances of millions of people in the UK. The CIPP previously reported on the publication of MaPS’ UK Strategy for Financial Wellbeing.
Back to Contents
The House of Lords critical of lack of detail within the Pension Schemes Bill 03 February 2020
The first debate held on the Pension Schemes Bill in the House of Lords saw peers addressing several issues with its content, or lack of, in certain areas. Two big criticisms centred on its failure to discuss intentions to lower the auto- enrolment age and an absence of detail surrounding pension dashboards.
The Department of Work and Pensions (DWP) recommended that the automatic enrolment starting age should be lowered from 22 to 18 but there was no discussion of this within the Pension Schemes Bill.
The Financial Adviser reported that Lord McKenzie said: “A number of commentators have expressed disappointment that the opportunity has not been taken to implement the changes to auto-enrolment recommended by the 2017 review: namely, to extend the application to workers aged 18, and to remove the qualifying earnings deduction and the earnings threshold.”
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 588 of 629
Made with FlippingBook - Online magazine maker