With an estimated 25 million people affected by money worries whilst at work, employers are perfectly placed to make a difference. However, despite its growing popularity, quantifying financial wellness and defining what it looks like can be challenging.
Close Brothers are excited to work with Professor Cary Cooper to launch the Financial Wellbeing Index, revealing a comprehensive insight into the true state of financial wellness in the UK. They’ve researched over 5000 employees and 1000 organisations to assess wellbeing across the seven key areas of financial health including debt, budgeting, savings and retirement. Surprisingly, some of the lowest scoring areas are not where you’d think…
This research provides clarity, helping organisations benchmark where they are on their financial wellbeing journey.
About Close Brothers
Close Brothers has been helping employees from some of the UK’s best known brands to improve their financial wellbeing for almost 50 years. They’re passionate about helping people plan for the future and feel more confident about taking control of their finances. They help employers to provide an end to end wellbeing solution via financial education, financial planning, savings and investments. Whether you want to implement a ‘hire to retire’ strategy or start by providing tailored support to specific employee groups, their services drive engagement across every element of financial wellbeing.