Dailly appointed to Money Advice Service board

Mike Dailly, principal solicitor of Govan Law Centre, has been appointed as one of three new non-executive directors of the Money Advice Service, the independent organisation set up by the Government to give free, unbiased advice to individuals.

Mr Dailly has also been a member of the Financial Services Consumer Panel.

The other appointments are Caroline Fawcett, a specialist in customer service, and Nicola Bruce, whose background is in financial services.

The appointments are made by the Financial Conduct Authority and take effect from 1 April 2015.

Andy Briscoe, chair of the Money Advice Service commented: “I am delighted to be welcoming our new non-executive directors. They will undoubtedly bring valuable knowledge and insight to the Money Advice Service and provide the strengthening of the board recommended by the Farnish review.

"Raising the financial capability of the UK population will remain at the the heart of everything we do at 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 retirement. Debt advice will also be a 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 team at the Money Advice Service in taking forward this challenging but vital agenda.”