(1) The single financial guidance body has the following functions -

(a) the pensions guidance function;

(b) the debt advice function;

(c) the money guidance function;

(d) the consumer protection function;

(e) the strategic function.

(2) The single financial guidance body also has the function of providing -

(a) advice and assistance to the Secretary of State on matters relating to the functions listed in subsection (1), and

(b) advice to the Secretary of State on the establishment of a debt respite scheme (see section 6).

(3) The single financial guidance body may do anything that is incidental or conducive to the exercise of its functions.

(4) The pensions guidance function is to provide, to members of the public, free and impartial information and guidance on matters relating to occupational and personal pensions.

(5) The debt advice function is to provide, to members of the public in England, free and impartial information and advice on debt.