EXCLUSIVE: A third of employers provide financial education in-house

EXCLUSIVE: Approximately one-third (35%) of respondents provide financial education via internal departments or resources, according to research by Employee Benefits and Barnett Waddingham.

Published in December 2018, the Employee Benefits/Barnett Waddingham pensions research 2018 report gathered 246 responses, and found that there have been substantial changes when it comes to the providers of financial education since 2017. Although the largest proportion (35%) continue to provide education using in-house resources, the gap between this and other options is closing.

Respondents are increasingly turning towards pensions providers (33%) and away from benefits consultants (27%).

Most notable, however, is the 17% increase of organisations that use specialist financial education providers from last year, making this the third most popular option in 2018.

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