The Forces Pension Society has formed a partnership with the Personal Finance Society (PFS), the professional body for the UK financial advisory profession, to help offer pro bono consultations to all members of the Forces Pension Society. We at Sound Financial Management are excited to be taking part in the scheme, and we are here to provide you with the tools and knowledge you need in order to secure your financial future.
Forces MoneyPlan was established in 2017, offering free guidance to sick and injured forces personnel and veterans, following on from Armed Forces charity, OnCourse Foundation.
Following a trial launch in 2018, the Forces MoneyPlan was opened up to members of Blesma. Today, Forces MoneyPlan aims to offer their services to all members of the Armed Forces and veterans, regardless of health.
What’s on offer?
Forces MoneyPlan consultations can provide a wide range of assistance to members. This includes day-to-day guidance on personal debt and finances, the different types of savings products available, retirement options, financial planning, personal injury trusts, mortgages, financial implications of starting a family, as well as offering advice on sourcing and funding care.
You don’t need substantial assets or a specific level of income to be eligible.
You can expect:
- A minimum 45-minute consultation with a local financial adviser who is a member of PFS. This can be face-to-face, by telephone or via Skype, dependant on your schedule and needs.
- A personal follow-up report after the meeting.
For more information, please visit https://www.thepfs.org/about-us/initiatives/forces-moneyplan/