IFA  

Robo-adviser offers free advice to frontline NHS staff

Robo-adviser offers free advice to frontline NHS staff

Fin-tech advice firm Fintuit is offering free-of-charge advice to frontline NHS employees and other emergency service workers during the Covid-19 crisis.

According to the firm, NHS staffers will be able to register and benefit from free online financial advice on a range of services from savings and mortgages to pensions. 

The FCA-regulated firm’s specialist financial advisers will provide advice via video link while the Fintuity online platform will help frontline workers keep track of household expenditure, income, and outgoings via an online portal.

Lord Edward Downpatrick, who is the first cousin twice removed of the Queen and strategy director at the firm, said the service would provide much needed relief for families seeking expert advice during the government’s lockdown.

Lord Downpatrick said: “We are very proud to offer completely free online financial advice to NHS staffers at a time when family budgets are squeezed and there is so much uncertainty in the economy. 

“Whether it’s making savings on mortgage payments, advice on personal finances or family and household insurance, our team of experts is here to help.

“Our NHS heroes work long hours on the frontline every day, treating the sick and tackling this terrible virus. At this time of national emergency, it is absolutely vital that communities and businesses come together to support health service workers in any way they can.”

Fintuity is also offering other new clients 50 per cent off their fees during this time.

Fintuity provides IFA certified advice on investments, pensions, mortgages, life insurance, general insurance and inheritance tax planning online. 

Founded in 2017, the firm “aims to disrupt the traditional financial advisory market with an innovative new approach to digital client engagement”.

amy.austin@ft.com

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