According to research carried out for HR by Harris Interactive, nearly three-quarters (73%) of the 1,448 staff polled said they did not receive any form of financial education. This is despite a clear majority (56%) saying they would like it. Males were particularly keen to become financially savvy, with 59% of men, compared with 53% of women, in favour of receiving advice. The 25-34 age group were the most likely to want to be at the receiving end of financial education, reflecting anecdotal evidence that younger workers are preoccupied with the size of their pension pots. A sizeable chunk (26%) did not want employer-offered financial education at all, although experts (see feature p46) put this down to staff not realising what this actually is. When given the choice, most (52%) said they would like advice about pensions, followed by help in understanding ISAs (see above).
Data compiled 16 -21 September 2009. Interview method: online via the Harris Interactive Online panel. Sample size of 1,448 included all GB adults 16-plus working full time or part time. Harris Interactive is a member of The British Polling Council: http://www.britishpollingcouncil.org. For more information, contact Nikki Bateman at nbateman@harrisinteractive.com
