Armed Forces: Financial Services
(asked on 20th December 2018) - View Source
Question to the Ministry of Defence:
To ask the Secretary of State for Defence, what financial advice serving military personnel receive.
This question was answered on 7th January 2019
The Ministry of Defence (MOD) provides financial education and awareness to Service personnel though the MoneyForce programme which provides accessible online support for the entire Armed Forces community via the MoneyForce website, available at the following link: www.moneyforce.org.uk.
The MOD has not made any assessment of the potential merits of a voluntary system in which serving military personnel have a proportion of their pay directly transferred to a Lifetime ISA.