The Personal Finance Society (PFS) is set to grow its financial guidance service MoneyPlan from 100 to 170 advisers in a move that it says will "build trust" in the industry.
The service is provided for free by qualified advisers who offer generic financial advice to people on low and middle incomes. It is run in collaboration with Citizens Advice. MoneyPlan was initiatially rolled out last year to 50 local Citizens Advice charities across England and Wales and has grown to 100 services since launch. An additional 70 financial advisers have now registered their interest in participating in the scheme. PFS chief executive Keith Richards welcomed the growth in support and urged more financial advisers to participate. He said: "Pro bono work is a key feature ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
