Sara Weller, a former joint MD of Sainsbury’s, has been appointed the new chair of the Money and Pensions Service, the government-funded consumer personal finance guidance service.

Senior executives from finance, consumer rights, research and technology have joined a new body designed to provide industry input to the government-backed financial guidance body MAPS.

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

The newly launched Money and Pensions Service has called on organisations throughout the UK to get involved in the development of the organisation’s strategy to improve the nation’s financial wellbeing.