The Money Advice Service has appointed three new non-executive directors to sit on its board.
Caroline Fawcett, Michael Dailly and Nicola Bruce have been appointed by the FCA, and join the MAS from today.
Among other roles, Fawcett was previously held marketing and customer experience positions at L&G. She is also a non-executive director on the board of Co-Operative General Insurance and at OneFamily.
Dailly is the director of the Govan Law Centre in Glasgow, which provides not-for-profit advice to people coping with financial disputes, including credit repayments and mortgage repossessions.
He has also previously served as a member of the Financial Services Consumer Panel.
Bruce was formerly director of strategy at pawn broker Albermarle & Bond, and held a similar role at De La Rue, the banknote and security printer.
MAS chairman Andy Briscoe says: “Raising the financial capability of the UK population is at the heart of everything we do at the Money Advice Service. Our 2015/16 business plan reflects our focus on helping consumers to plan ahead for key life events such as buying a home, having a baby or for retirement.
“Debt advice is also a key priority, encouraging more people to seek advice and continuing to raise standards across the sector.
“Our new board members are well placed to guide and support our talented executive team in taking forward this challenging but vital agenda.”