The Royal British Legion has launched an online project to assist armed forces personnel and their families in managing their personal finances.
The ‘MoneyForce’ website is a joint initiative of the legion, the UK Ministry of Defence and Scottish investment manager Standard Life, who is funding the project through its charitable arm, and will provide general advice on issues including budgeting and cash flow management, and features tools such as a car cost calculator and budget planner.
As well as the website, the operators of MoneyForce will also be designing and implementing a personal finance course to be included in basic training for the armed forces.
“Whether you're dealing with debt, interested in investments or puzzled about payday loans, MoneyForce will arm you with all the information you need to get MoneyFit,” says a statement on the website.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 14 Dec 2018ASIC clarifies RG 146 requirements for advisersBy Adrian Flores
- 14 Dec 2018Sargon Capital acquires listed robo adviserBy James Mitchell
- 14 Dec 2018Industry body flags CPD burden under FASEA proposalBy Adrian Flores
- 14 Dec 2018Adviser exodus creating ‘enormous opportunity’ for accountantsBy Jotham Lian
- 14 Dec 2018Advisers embracing ESG investing, says surveyBy Adrian Flores
- 13 Dec 2018AFA picks apart CPD policy from FASEABy Adrian Flores
- view all