Free financial health check welcomed by Which?New government financial health scheme launched

10 June 2011

Health check in minutes

The free financial health check takes just ten minutes to complete

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. 

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