Mabs boards to be slashed for €340,000 saving

A state-backed free financial advice service is planning to abolish over 80 of its local boards to save €340,000 per year.

The country’s network of 51 Money Advice and Budgeting Services (Mabs) boards and 42 citizens information services have come to the fore when helping struggling households during the recession.

And the government announced earlier this month that it would expand the role of Mabs by getting its staff to help those in ...