Christine Farnish has called on the Treasury to publish the independent review of the Money Advice Service she carried out last year.
According to MoneySavingExpert.com, Farnish says the final report was submitted in December and she is “puzzled” at the delay in making it public.
The review was commissioned by the Treasury in March 2014, after the MAS was heavily criticised by MPs.
Farnish, formerly chief executive of the National Association of Pensions Funds and consumer director at the FSA, was chosen to lead the work.
She says: “The MAS review undertook extensive consultation with stakeholders and significant analysis of available evidence. It reached a number of important conclusions to improve a service that has come under a lot of criticism.
“The Treasury asked me to conduct this, and the final report was submitted on 23 December.
“I am puzzled as to why anyone would want to delay an open debate on a body that has proved controversial in the past. I hope that the review will now be published.”
MoneySavingExpert.com editor Martin Lewis says the Treasury is trying to “sweep the findings under the carpet”.
He says: “The Treasury has continually delayed publishing this report, and its response, in a cowardly manner – probably to try and prevent the Treasury select committee and others, including me, from commenting on the proof of how poorly managed MAS has been and how much public money has been wasted.
“George Osborne may deem it more unpalatable to publish the findings than not to, but this is something people have the right to know about and I find it farcical that the Treasury is attempting to sweep the likely damning findings under the carpet.”
A spokesman for the Treasury says: “The Government believes that everyone should have access to high quality money and debt advice to help them manage their money well.
“That’s why we commissioned an independent review of the MAS to consider how it can most efficiently and effectively meet this need.
“This review, and the Government’s response, will be published shortly.”