A new free financial health check service has been introduced, which promises independent advice for all consumers.
The government-backed programme comprises a series of questions, and only takes ten minutes to complete. Run by the Money Advice Service, it asks a variety of questions covering various areas of personal finance, including savings and loans.
According to the Money Advice Service around 17 million people are worried about their day-to-day finances, yet many people are unsure of where to go for independent financial advice.
A free money sat nav
Money Advice Service chairman George Lemos said: ‘The Money Advice Service is the money-equivalent of a reliable sat nav. We help people to see where they are now, and then help them to get from A to B by the best route for them. Most importantly, our advice is free and unbiased and we won’t sell them anything. Our new online health check is designed with your attitudes to money and your aspirations for life in mind. In less than 10 minutes the health check identifies the top three things you and your family can do to make the most of your money right now, and to plan for future goals.’
Which? supports the free health check service
Which? welcomes the Money Advice Service as a proactive step towards helping people to gain greater control of their finances. The service, in conjunction with Which? Best Buys and Best Rates for savings, credit cards and loans, should help thousands of consumers.
Which? Money when you need it
You can follow @WhichMoney on Twitter to keep up-to-date with our Best Rates and Recommended Provider product and service reviews.
Sign up for the latest money news, best rates and recommended providers in your newsletter every Friday.
Or for money-saving tips, and news of how what’s going on in the world of finance affects you, join Melanie Dowding and James Daley for the Which? Money weekly money podcast
For daily consumer news, subscribe to the Which? news RSS feed here. And to find out how we work for you on money issues, visit our personal finance campaigns pages.