Research into Financial Hardship & Food Poverty within the Military Community Launched

A two-year research programme to look into financial hardship and food poverty within the military community has been launched. Part-funded by the Armed Forces Covenant Fund Trust, the study will work closely with SSAFA to collect and analyse data from serving personnel, veterans and families of all three Services. Lieutenant General Sir Andrew Gregory, the… Read More

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8 Important Gears You Need to Consider When You are on a Military Training

Deciding to go to Military Training will be one of the most significant choices you will be making for yourself. Not only will you have the opportunity to be part of the armed forces, but also the knowledge and the experience you will gain will stay with you for the remainder of your life. This… Read More

Mortgage Fee Discount for Serving Personnel and Veterans

Bristol-based brokers Community Mortgage Company are offering discounted fees to serving personnel and veterans in a bid to raise more than £5,000 a year for SSAFA, a military charity. The initiative, which sees the difference in rates donated directly to the charity, was initially introduced for NHS staff but has now been extended to the… Read More

What is the Future Accommodation Model (FAM)?

Introduction January 2020 sees the launch of the Future Accommodation Model (FAM) pilot at Aldershot Garrison. If personnel are based there – or assigned to the town in the next three years – there are new accommodation options, likerenting or buying a home with financial support from the MoD. What are the Options? There are… Read More

What is the Impact of Financial Reimbursement on Retention Rates in Military Clinical Trial Research?

Research Paper Title Impact of financial reimbursement on retention rates in military clinical trial research: A natural experiment within a multi-site randomised effectiveness trial with active duty service members. Background Achieving adequate retention rates in clinical trials is essential to ensuring meaningful results. Although financial reimbursement is an effective strategy to increase participant retention, current… Read More

What is the Armed Forces Credit Union Service?

Launched in October 2015, the Credit Union Services for the Armed Forces offers simple savings accounts and ‘affordable’ loans to military personnel. This is an arrangement, backed by the Ministry of Defence, which means that Armed Forces personnel are be able to save regularly or repay loans with Credit Unions directly through their pay packets, via… Read More

Using Financial Strategies To Fund a Fitness Lifestyle

Poor mental health can make managing money harder, and worrying about money can cause your mental and physical health to decline. One survey conducted by one of the largest banks in the US revealed that 81% of respondents found goals much easier to achieve when their finances were in order, while 70% stated that solid finances… Read More