{"id":105261,"date":"2025-03-03T12:00:00","date_gmt":"2025-03-03T12:00:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=105261"},"modified":"2025-03-03T10:16:31","modified_gmt":"2025-03-03T10:16:31","slug":"hsbc-brings-personalised-financial-advice","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/hsbc-brings-personalised-financial-advice\/","title":{"rendered":"HSBC Brings Personalised Financial Advice to Branches\u2014How to Access It"},"content":{"rendered":"\n

HSBC UK is rolling out free financial health checks across its branch network, building on the success of its telephone-based service. The initiative <\/strong>aims to provide personalised financial guidance to customers and non-customers alike, with in-person consultations available in more than 100 branches within weeks, according to the bank.<\/p>\n\n\n\n

Financial wellbeing has become an increasingly important issue, particularly in the wake of the Covid-19 pandemic, which left many individuals reassessing their financial stability.<\/p>\n\n\n\n

HSBC UK\u2019s Financial HealthCheck service<\/a>, first introduced in 2016<\/strong>, has already assisted over 11,000 people via telephone, and the expansion into branches is designed to offer more tailored, face-to-face support.<\/p>\n\n\n\n

Expanding Financial Guidance in Branches<\/h2>\n\n\n\n

HSBC UK\u2019s decision to extend its financial health check service reflects a growing demand for personalised financial advice. The service, which was initially available over the phone, will now be accessible in branches, offering a 30-minute consultation <\/strong>designed to help individuals assess and improve their financial resilience.<\/p>\n\n\n\n

According to HSBC UK<\/a>, the consultation covers key areas such as spending habits, savings goals, borrowing options, and overall financial wellbeing. The service is open to both existing HSBC UK customers and non-customers, underlining the bank\u2019s commitment to providing financial guidance to a broad audience.<\/p>\n\n\n\n

Sally Williams, head of HSBC UK\u2019s branch network, highlighted the importance of financial wellbeing, stating that while it is often overlooked, it plays a crucial role in people\u2019s lives. She noted that the Covid-19 pandemic<\/strong> served as a wake-up call for many individuals, prompting them to take a closer look at their financial situations.<\/p>\n\n\n\n

\u201cLike a medical check-up, it could help in identifying areas that may need to be addressed, but with a personalised approach, it can also help people build a solid foundation for a stronger financial future. This, like our other financial wellbeing tools, are a valuable resource open to everyone, not just HSBC UK customers.\u201d Williams said.<\/p>\n\n\n\n

Broader Financial Wellbeing Initiatives<\/h2>\n\n\n\n

The financial health check is part of a broader set of initiatives by HSBC UK aimed at improving financial literacy and stability. <\/p>\n\n\n\n

In addition to the in-branch service, the bank offers financial wellbeing webinars, unclaimed benefit<\/a> checks, and an online financial fitness score tool. These resources<\/strong> are designed to provide ongoing support to individuals looking to enhance their financial awareness and planning.<\/p>\n\n\n\n

One HSBC UK customer, a 27-year-old man, shared his experience with the Financial HealthCheck, revealing that he had accumulated \u00a318,000 in debt <\/strong>and was struggling financially. <\/p>\n\n\n\n

After seeking guidance from HSBC UK, he was presented with viable options to manage his situation. \u201cIt was also suggested I sit down with my partner and tell her about the situation which I subsequently did and it all ended up working out well <\/strong>and she has supported me throughout.\u201d he said. <\/p>\n","protected":false},"excerpt":{"rendered":"

HSBC UK is introducing free, in-person financial health checks across its branch network, aiming to help customers and non-customers alike. The 30-minute sessions cover spending habits, savings goals, and borrowing options. With financial wellbeing in focus, the bank hopes to provide a supportive environment for those looking to take control of their finances.<\/p>\n","protected":false},"author":10,"featured_media":105263,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-105261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/105261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=105261"}],"version-history":[{"count":3,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/105261\/revisions"}],"predecessor-version":[{"id":105267,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/105261\/revisions\/105267"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/105263"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=105261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=105261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=105261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}