Former soldiers given free financial advice to help them adjust back into civilian life
INJURED British war veterans are being offered free monetary guidance to reward their brave contribution and help them adjust back into civilian life.
The Personal Finance Society (PFS) has launched the new Forces MoneyPlan allowing the British public to pay tribute to the work of troops, service families, veterans and cadets.
It will offer injured and recovering service personnel and veterans free one-on-one financial guidance sessions, delivered by qualified financial advisers across the UK.
Related articles
More than 100 PFS members have already registered to donate their expertise and chief executive Keith Richards said: "Our armed forces make an incredible contribution to the safety and security of our country and it is only fair that we offer support in times of need."
It is only fair that we offer support in times of need
The initiative is launched with charity the On Course Foundation, which aids the recovery of wounded and injured service personnel and veterans.
It helped Vikrant Gurung, a 32-year-old veteran from Nepal, who struggled with alcoholism after losing a leg in 2009 while carrying a comrade to safety in an Afghanistan fire zone.
Martin Lewis REVEALS money saving tips on This Morning
He was helped to reintegrate into civilian society and now plans to seek advice on his family's personal finances.
Managing director Alistair McKay Forbes revealed that many veterans have received substantial sums from the Armed Forces Compensation Scheme or insurance payouts.
"They are vulnerable to inappropriate advice, fraudulent activity and scams," he said.
