A Conservative MP has called for better provision of independent financial advice to members of the military services.
Salisbury MP John Glen stressed the importance of ensuring military personnnel are able to maximise their savings and investments. In a Commons debate on home ownership for the armed forces, he said: "Strong consideration needs to be given to providing better quality advice within the armed services. "It is critical that, embedded within training at different stages, serving personnel can get advice and access to independent financial advisers. Glen stressed he was not recommending the Ministry of Defence should become an IFA "but should facilitate wise advice". "If investment d...
To continue reading this article...
Join Professional Adviser for free
- 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