EMPLOYEE FINANCIAL WELLBEING
Give your employees the power of good advice through a programme of support designed to improve their financial wellbeing.
The importance of financial wellbeing in the workplace
Attract and retain talent
Offering a comprehensive Financial Wellbeing service can help you to remain competitive and retain your best talent.
Boost productivity
Almost 8 in 10 UK employees take their money worries to work, affecting their performance.
Good financial advice can provide certainty and ease people’s worries, helping them to focus on the job at hand.
Get greater staff engagement
Almost half of employees say that financial pressure affects their relationship with their manager.
Employees are looking beyond salary. A reward package that supports wellbeing, keeps your workforce engaged and motivated.
Ease money pressures
Money is the biggest cause of stress in the UK.
The worsening cost of living and impending pensions crisis are concerning many people.
How we help
You will have a dedicated team of financial planning, tax and investment specialists on hand to help your employees with the decisions and choices that shape their future. We offer you:
- Financial Wellbeing Seminars held either online or in person. We will work with you to choose the topics most relevant for
your employees. For example: Stay on top of your taxes, Talking pensions, Power your investments, What makes a successful
retirement plan, A smarter way to pass on your wealth. - Dedicated time with an experienced financial planner and tax adviser for those with more complex affairs where bespoke
support or guidance is needed. - Pricing discounts for your staff on our online investment platform ‘Bestinvest’, which includes free investment coaching from a
qualified financial planner. - Ongoing access to online financial education content on a wide range of topics.
Start making the most of your disposable income
Build the foundations of good financial planning - ISAs, pensions and tax.
Examples include:
- Saving for a house
- Student loans
- First job
Making your money do the hard work
Securing your financial future: the workplace pension, considerations for
first time buyers and being ready for the unexpected.
Examples include:
- Promotion
- Marriage/children
- House purchase
- Inheritance
Planning for your priorities
What are the gaps in your personal plan and how do you manage funding the gap without affecting the longer term.
Examples include:
- Higher salary
- Mortgages
- Lifestyle priorities
- School fees
- Bigger house
Preparing for the retirement that you want to live
Understanding how much you need through cashflow planning.
Ensuring your decisions make the most of tax allowances.
Protecting you and your loved ones in case the unexpected happens.
Examples include:
- Support children
- Phased retirement
- Fully retire
- Drawing on capital
Later life planning
Making sure your pension lasts your lifetime.
Covering the cost of long-term care.
Passing on your wealth to your loved ones.
Examples include:
- Lower cash needs
- Smaller house
- Long term care
- Bequests
