UK-based investment management firm Charles Stanley Direct has launched OneStep Financial Coaching.
The service will provide people with a free 15-minute call with a qualified financial planner to answer questions about personal finances or an hour long video call for £150 ($189, €174).
It aims to help people save and invest more confidently while avoiding common mistakes.
Lisa Caplan, director of OneStep Financial Planning, said: “Getting the right information about financial questions should be easy, and we hope that this service will mean fewer people fall through the gap, and more can get the help they need to make confident decisions that set them up for life.”
Evelyn Partners
In other news, wealth management group Evelyn Partners has unveiled a digital hybrid service to help employees take control of their long-term personal finances.
The platform offers built-in coaching by qualified professionals and is part of the firm’s employee financial wellbeing service called Evelyn Partners’ Moneyhealth.
It will also include guidance on saving, budgeting, tax, financial planning and investing to help staff tackle their money problems and in turn improve focus and productivity.
John Bunch, chief financial services director at Evelyn Partners, said: “It is well documented that the UK has an ‘advice gap’, with millions of people not gaining access to the financial support that they need. We believe that employers have a critical role to play in resolving this dilemma.”