However, consumers are making use of it in the way it was designed – to get free, impartial guidance on their finances.

Here we break down the topics consumers go to MAS for, according to the service’s own figures.

Money Topics

Saving and investing – 5.9%

Borrowing money 3.9%

Managing debt 5.4%

Homes and mortgages 15%

Insurance 2.8%

Managing you money

Pensions and retirement 8.6%

How to review or reduce borrowing 0.8%

Bank accounts and credit or debit cards 7.2%

Financial help and advice 2.6%

Comparison tables

Credit Cards 0.4%

Current Accounts 1%

Loans 0.1%

Annuities 8.1%

Pension and SIPPS 1.4%

Savings Accounts 2.5%

Cash ISAs 2.3%

Mortgages 3.3%

Investments 0.8 %

Tools

Debt test 1.8%

Loan calculator 3.9%

Mortgage calculator 11.5%

Pension calculator 9.4%

Savings calculator 1.3%