the Service Community

Financial Advice

Need financial advice? Please see the Related Pages/Links section.

No Savings? 

What about using Long Service Advance of Pay towards your deposit?  Please see Related Pages/Links section under Key Documents to find out more.

Credit Checking:

Want to to know your credit rating?  Further information can be found in the External Links section.

Debt problems:

Further information can be found in the External Links section.




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Financial Service Authority

The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000.  The FSA is accountable to Treasury Ministers, and through them to Parliament. It is operationally independent of Government and is funded entirely by the firms it regulates. The FSA is an open and transparent organisation and provides full information for firms, consumers and others about its objectives, plans, policies and rules. An area of the FSA website provides information specifically for consumers on financial products, regulation and their rights.

For further information please see the Related Pages/Links section.

Services Insurance & Investment Advisory Panel

SIIAP (the Services Insurance & Investment Advisory Panel) is an advisory panel of regulated insurance and independent investment advisers. They all specialise in offering services to members of HM Forces and regulated by the appropriate authority in the United Kingdom, therefore offering full compensation rights to clients whether serving overseas or in the UK.

A Code of Practice setting out the standards of service required from all members of the Panel is available to clients. This, together with a list of current Member Firms, is available to all Service personnel at Unit Pay offices, Regimental Admin offices and at Personnel Management Squadrons - via Defence Council Instructions.

The Panel consists of companies who have specialist knowledge and experience in the provision of Insurance and Investment advice to individual members of the Armed Forces. These range from small 'one-man' bands through to national institutions with dedicated military departments.

The organisation provides a useful link between these brokers, intermediaries and IFAs and the Ministry of Defence. Therefore any problems or issues that arise, due to the unique lifestyle of Service personnel, can be identified and resolved. A seven strong Management Committee handles the day to day running of the Panel.

For further information please see the Related Pages/Links section.

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