Frances O’Hanlon, Independent broker has this week highlighted the pressures that MABS (Money Advice & Budgeting Services) face due to the unprecedented demand for their financial advisory services. In doing so, she has put forward a solution to the crisis which now sees an eight week waiting list for financial advice from the government body.

“In recent months, there has been a dramatic rise in people seeking financial advice due to the pressures they are facing in recent times. Independent brokers are available to give relief to the overburdened MABS system. We are qualified, financial advisors who are ex-bankers. This ultimately means that we know and understand the business from a personal and commercial point of view.”

“In recent months I have personally approached two South Tipperary T.D’s regarding this matter. The Government has an obligation to assist with the financial crisis which Ireland is now immersed in and I am calling on my local representatives to put this forward to the Government as a matter of urgency.”

She added, “The MABS service available is an excellent facility and our professional services would only compliment theirs.”