New research from financial wellbeing experts WEALTH at work, conducted among 2,000 UK workers, reveals workers are experiencing growing financial pressures and a widening disconnect between their needs and the level of support they feel they are receiving in the workplace.
New research reveals that 45% of employees feel unsupported by their employer when it comes to their finances…
New research launched today amongst 223 companies representing 1.3 million employees has revealed that more than half of employers (51%) plan to make changes to their financial wellbeing offerings in the next two years.
This Debt Awareness Week (24th – 30th March), WEALTH at work – a leading financial wellbeing, retirement and workplace savings specialist, are encouraging employers to support employees to tackle money issues and build a saving safety net.
Planning how to pay for retirement is one of the biggest financial decisions people make. It is important that employees are supported to understand all the options, make informed decisions, and avoid making expensive mistakes with their hard earned savings,” says Jonathan Watts-Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist.
WEALTH at work has outlined some top tips to help people cut costs and manage their finances.
Facing redundancy can be an intimidating time, therefore it is important people are aware of their rights and have a clear overview of their finances.
12% of UK adults have admitted to losing money to a financial scam in the last year, according to new research[1] from WEALTH at work. This could potentially equate to 6.2 million adults[2] across the UK.
More than one in five UK workers (22%) have had to borrow money from family and friends in the last year because of money worries, and a fifth have taken on debt (20%) – according to new research of over 2,000 workers by WEALTH at work.
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