The PFS and Society of Mortgage Professionals are calling on mortgage advisers to sign up to Forces Moneyplan and assist the growing number of Armed Forces personnel wanting home financing guidance.
Forces MoneyPlan is a pro bono initiative offering free financial guidance to Armed Forces personnel and veterans from a fully qualified financial adviser and PFS member.
The initiative, part of the PFS’s commitment under the Armed Forces Covenant, is designed to ensure recipients are placed in a better-informed position in respect of their overall financial wellbeing and are less vulnerable to misinformation and scams.
Members of the Armed Forces can request a guidance session directly via the Forces Moneyplan website and the initiative is also made aware of personnel in need of assistance from a financial planner by the On Course Foundation, Blesma (the Limbless Veterans charity), Forces Pension Society and Veterans Gateway.
Currently, there are 206 financial planners who have volunteered to give their time, for free, to offer financial guidance to those who risk their lives in defence of the UK.
Financial advisers who sign up to Forces Moneyplan are given support to deliver guidance sessions to members of the military and are matched with personnel based in their local area who need their assistance.
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