The MoD are strong advocates in supporting you to ensure your finances are in good shape as you leave the services.
Financial Aspects of Resettlement (FAR) is designed to help you gain financial awareness and long-term planning information, tax, pensions, and benefits advice.
Initially there is a comprehensive pension brief provided by the Forces Pension Society, this will help you learn more about your Armed Forces Pension, and help you navigate through the implications of your pension, empowering you to make informed decisions about your future.We will cover:
- An overview of each pension scheme
- Medical awards
- Commutation
- Pen Form 1 completion and more
- All aspects of financial planning
The second part of the brief delivered by Lester Brunt Wealth Management Financial Advisors, will take you through a range of financial planning advice to find the best outcomes for you and your family. This includes guidance on estates, mortgages, trusts and more.
You can find full the programme on the CTP website here
And did you know these workshops can be attended at any point in your Service career, although priority is given to Service leavers with 9 months or less to discharge. Briefings are tailored, where numbers permit, to different rank groups, and partners are welcome to attend.
