Financial education

Companies failing to provide employees with financial wellbeing support

Businesses aren't supplying their workers with the financial wellbeing support programmes they need, according to research from asset management firm Mercer.

Shame stops employees talking about money at work 

A hard-to-shift stigma is stopping UK employees from seeking more support with money in the workplace, despite employers ramping their financial wellbeing efforts. The cost-of-living crisis is a...

HR community reacts to chancellor's Spring Statement

Chancellor Rishi Sunak's Spring Statement announced income tax cuts for workers, yet many feel it has failed to address concerns surrounding the UK's cost of living crisis.

Financial education is now a necessity

Financial education has become a significant part of the wellbeing offering, as the UK sees a surge in the cost of living.

Soaring cost of living prompts calls for financial support for employees

Yesterday’s eye-watering inflation figures – showing the biggest rise in the cost of living for nearly 10 years – have seen renewed calls for employers to do more to support the financial wellbeing of...

More action needed to address workers' money worries

HR directors have said financial concerns, compounded by the pandemic, are causing significantly more employee stress and better support is needed to address them.

Employees struggling to keep on top of bills

A report published yesterday shows more people are applying for high-cost credit cards and struggling to make ends meet with spending rising sharply as the UK emerges from the pandemic. 

Financial wellbeing: why it's time for HR to talk money

At the start of last year, a pandemic was probably the last thing on the minds of even the most risk-minded businesses across the globe. Now, well into the second year of the crisis, employers are...

Sharp rise in working poverty signals need for more employer support

Working poverty rates have risen across the entire country, according to a new report by the Institute for Public Policy Research (IPPR) think tank.

How to make financial wellbeing work for everyone

There is no doubt that financial wellbeing is a benefit for employee and employer alike. But how do you deliver the best advice for everyone? 

Insights

How HR can support employees worrying about rent

HR is concerned employees do not feel they can come to them for support during challenging times, as new research has found adults in the UK are worried about keeping up rent payments.

Employers ignoring retiring workers due to coronavirus

Employers are not helping staff once they approach the age they can claim their pension, according to new research by financial planning and retirement savings business Punter Southall.