The Personal Finance Society is proud to be supporting this year’s Financial Planning Week 2020 starting on Monday 5 October, and World Financial Planning Day on Wednesday 7 October.Read more
The coronavirus pandemic has caused significant financial hardship for many as a result of either redundancy and/or the negative impact the pandemic has had on investment markets.Read more
Call to arms to help Armed Forces community access housing support as soon as possible
THE ROYAL British Legion is today calling on Service leavers and veterans to ‘get help early’ as they adjust to civilian life.
Not everyone struggles with the transition and, for many, difficulties with housing might not occur for many years after Service. Issues often arise due to unforeseen circumstances such as relationship breakdowns or financial complications however, the transient nature of Service life, confusion over how to access support services, and often a reticence to ask for help, can cause a unique set of challenges for the Armed Forces community.Read more
In June 2018, Worthing-based charity, Care for Veterans, is teaming up with four local Solicitors for its Make a Will initiative. The participating Solicitors have all kindly agreed to waive their usual Will-writing fees in exchange for a donation to the charity.
Having an up-to-date Will is the best way to ensure that your wishes are taken care of. Without one, you can’t be sure that your money and property will be passed on to the people and good causes you care about most.
New Flexible Service Opportunities for Armed Forces Personnel and their Implications for the Armed Forces Pension Schemes
Over the last few years, we have talked extensively about the need to make the Armed Forces an attractive place to work; both to retain personnel and attract recruits. The 2015 Strategic Defence and Security Review committed this government to allow the Armed Forces to work flexibly, better reflecting the realities of modern life.Read more
Reports of Charity Commission accounts monitoring reviews.
In 2017, 80 charities filed accounts with a modified audit opinion, meaning that their accounts are, or may be, materially misstated. This is 17 fewer than in 2016. The main reasons why auditors issued modified audit opinions continued to be inadequate accounting records and not following accounting requirements.Read more
MoneyForce, a service that provides money advice to UK Service personnel, their partners, families and dependants, is celebrating its fifth birthday and has introduced a new tool, GoalSaver: Holiday Planner.
MoneyForce is funded and delivered by The Royal British Legion in partnership with the Ministry of Defence. It is designed to better equip the serving community to manage their money and financial affairs.
The GoalSaver: Holiday Planner tool helps users plan for a holiday by working out how much it will cost in total based on their requirements, how much they will need to save, and by when.Read more
You might not be aware that RNBT can offer support to older members of The RNBT family by making a contribution towards care home fees. RNBT can also make a contribution towards the cost of domiciliary care. If you know someone who is an ex-RN or RM rating, including reservists, or their widows, then ask them to get in touch with SSAFA who will arrange a home visit and make a recommendation for funding to RNBT.Read more
The Commission reports on its accounts monitoring reviews to make charities more transparent and accountable, help trustees understand the risks charities face and improve reporting standards.
Auditors have an important role and their reports of matters of material significance inform the Charity Commission’s regulation of the charity sector and enable them to engage more promptly with charities in difficulty. In the six months to 31 October 2017, the auditors of 114 charities gave audit opinions containing information that they were required to report to the Commission as a matter of material significance.
Did you know? In the UK 1 in 4 workers lose sleep worrying about their finances with average household debts (excluding mortgages) now reaching £12,887.*
To help members of the Armed Forces take back control of their finances for 2018, we have launched a Debt Consolidation New Year Loan. We want to encourage our members to see if they can save money, by paying off any existing debt into one affordable monthly repayment straight from their pay.Read more