TRUTH Financial Software: some advice please

I would love to hear from all you experts out here. I have been advised that a piece of software called TRUTH can tell me exactly what lifestyle I should lead according to my financial situation.

An advisor has recommended that it costs between £500 and £1000 for a report produced by this software tailored to specific needs.

Has anyone heard of this? Is is useful? I would love to hear what people think.

Comments

  • Alcmene
    Alcmene Posts: 652 Forumite
    Part of the Furniture
    Thanks Al, as tempting as that may sound, I am keen to hear on people who have knowledge of this software! :D
  • dunstonh
    dunstonh Posts: 119,317 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Its software that is designed to be used by IFAs in providing financial analysis and planning. It is quite advanced and in useful for clients that leave their planning totally to the IFA. If you a more DIY inclined with your financial products then it doesnt benefit as much as it is more designed for continuing advice and servicing.

    This really isnt the right forum as it has nothing to do with bank accounts. Although to be honest, its not really one for any particular forum as its full overview planning in all areas.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Alcmene
    Alcmene Posts: 652 Forumite
    Part of the Furniture
    I thought it might be classed under "Budgeting"! I did think about which sub-forum to put this question in.

    I appreciate your input, thank you!
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