An economic boost four times as great as currently planned by government is needed to protect jobs and advance the UK economy, according to a new study.
The current recession - brought on by the COVID-19 pandemic - has created increasing financial uncertainty for many people who are now facing an unpredictable job market and pressure on their personal...
Employers have a part to play in financial wellbeing and education but are generally unsure of what steps to take to deliver this.
?Two thirds of UK workers have experienced stress as a result of their personal finances in 2020.
Employees are more likely to enjoy life after receiving financial advice, according to a new report from life insurance company Aegon.
Money saved when working from home has led to 35% of UK workers saying they are reluctant to return to the office post lockdown, according to a survey from Eskenzi PR.
?The majority (88%) of employers have said that upper management could do more to promote the financial wellbeing of their employees, and HR’s autonomy to act on the issue could be the answer.
Employers have 90 days to notify HMRC of any accidental claims of coronavirus financial support, following the passing of the 2019-21 Finance Bill last week.
More employers are considering a workplace savings scheme to reprioritise financial wellbeing following coronavirus.
?According to research from industry body Group Risk Development (GRiD), 9% of UK businesses said that providing financial support is not their responsibility
The vast majority (90%) of employers agree that financial worries have a negative impact on an employee’s mental health, a survey by fintech company Smarterly has found.