It’s not uncommon for individuals to face financial worries at various stages of their life – whether that is dealing with debt, concerns over retirement savings or making the monthly budget work.
The link between debt, money worries and stress, lower productivity and absenteeism are increasingly recognised by employers and many are now looking for ways to support their employees.
The impact of financial worries on employees:
Reward: Wellbeing in the Workplace 2018 Survey
We believe the best way to achieve this is to provide employees with the knowledge to make informed decisions throughout their career.
A relevant and well communicated financial wellbeing strategy can deliver on this.
We have a complete service offering to help which involves:
To view a case study on how the University of Lincoln has improved their employee’s financial wellbeing through financial education, please click play below.
14th December 2021
In its latest research series of working adults, WEALTH at work - a leading financial wellbeing and retirement specialist, has uncovered the top financial worries that people have.
8th December 2021
As announced in April's Budget, the Lifetime Allowance (LTA) will be frozen at its current level of £1,073,100 until April 2026. Latest reports have suggested that as a direct result of the freezing of the LTA, more than 1.6 million pension savers[1] are set to reach the limit and will be hit with a tax charge of 55% in retirement.
29th November 2021
Six out of ten people (63%) think their financial knowledge is either excellent or above average, according to a new survey of working adults.
