All Financial wellbeing articles – Page 101
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Supplier article
Neyber offers fair finance to improve financial wellbeing
Fair finance is accessible to 700,000 employees, thanks to Neyber. This figure is due to rise to over one million in 2017.Neyber is currently delivering borrowing and financial education to employees of over 60 companies and is also available via 14 employee benefit platforms. Neyber has also partnered with Police ...
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Supplier article
Spring Budget 2017 – summary of changes and commentary
The chancellor of the exchequer, Philip Hammond, has today delivered this year’s Budget Report. Please see our summary below.Income taxFor individuals, there were no changes to income tax allowances other than what was already known; the income tax personal allowance will increase from £11,000 to £11,500 with effect from 6 ...
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Article31% feel their employer is more interested in their physical than financial health
Around a third (31%) of respondents believe their employer takes a greater interest in their physical health than their financial health, according to research by Wealth Wizards.Its survey of 2,000 individuals also found that 70% of respondents feel that their physical and emotional wellbeing is negatively impacted when they are ...
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Supplier article
Monica Kalia reflects back on her trip to Davos with Innovate Finance
I have always been a great believer in the importance of the workplace as a community where people feel valued and respected.So I am always encouraged when I hear that many of the values of fairness and equality that I hold dear are being taken seriously by other businesses, not ...
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Supplier article
YBS Share Plans offers financial education in the workplace
YBS Share Plans, part of the UK’s second-largest building society, has teamed up with Secondsight and WEALTH at work to offer its corporate clients access to financial education in the workplace.Secondsight, the multi-award winning employee benefits specialist, has created the share plan online portal to educate employees on the advantages ...
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ArticleGovernment to amend definition of financial advice for regulated firms
HM Treasury is to amend the UK definition of financial advice for regulated firms from 3 January 2018.The government will amend the definition of financial advice for regulated firms so that advice is only given when providing a personal recommendation.The current wider definition for financial advice that is stated in ...
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Supplier article
Financial education provider ranks as one of North West’s fastest-growing SMEs
WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice, has been listed as 16th in Insider's rankings of the North West’s top 100 fastest-growing small and medium-sized enterprises (SMEs).Jonathan Watts-Lay, Director, WEALTH at work, said: “We are thrilled to be ranked so ...
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Supplier article
The need for financial protection products
Earlier this month, Denise Brewster won her legal battle to be entitled to her long-term partner’s pension after he died in 2009. Ms Brewster and her partner Lenny McMullan were not married but had lived together for 10 years, owned their own home and had got engaged just two days ...
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Supplier article
Online seminar – Should employers take a paternalistic approach to their employees’ finances?
Money and mental health director Polly Mackenzie and Neyber’s resident financial wellbeing expert Heidi Allan are sharing ideas on how employers should approach their employees’ finances on 28 February, 10.00am.Topics coveredIs financial education key to helping employees feel more confident when it comes to money matters?What does a financial wellbeing ...
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Supplier article
The aftermath of the Autumn Statement
By Adam Mason, Consulting DirectorLike many within the employee reward sector, Benefex was intrigued by the outcome of the Autumn Statement. When the consultation opened in August, the industry was offered a taster of the Chancellor’s plans. The statement marked the first opportunity for the chancellor to provide his conclusions. ...
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Supplier article
Visit Neyber at Employee Benefits Connect for the latest financial research
Neyber will be at this year’s EB Connect on 1 March 2017 at Park Plaza, London.Visitors should sign up to Neyber’s roundtable, which will offer a sneak preview of this year’s DNA of financial wellbeing research.Visit the Neyber lounge at Stand D02 to pre-register for your own copy of Neyber’s ...
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ArticleEXCLUSIVE: Learn about the impact of financial wellbeing on long-term business growth at Employee Benefits Connect 2017
EXCLUSIVE: Gain insight into the impact of financial wellbeing on long-term business growth and productivity at Employee Benefits Connect 2017.Jeanette Makings (pictured), head of financial education at Close Brothers, will lead a session titled ‘Integrated financial wellbeing: the missing piece in future wellness strategies’ as part of the driving performance ...
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ArticleLouise’s lowdown: Building the business case to support employees with housing costs
In January 2017, the Mayor of London, Sadiq Khan, signed up the whole of the Greater London Authority (GLA) family to the Fifty Thousand Homes pledge. The Fifty Thousand Homes campaign aims to double housebuilding in London to at least 50,000 homes a year by the end of the Mayor’s ...
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Article34% are distracted by financial concerns at work
More than a third (34%) of employee respondents are distracted at work by financial concerns, according to research by MetLife UK.Its UK Employee benefits trends study 2017, which surveyed 301 employees and 600 HR representatives and decision makers in the UK, also found that more than half (54%) of employee ...
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ArticleFinancial education in numbers
A round-up of the key facts and figures relating to financial education in the workplace:49% of employee respondents feel that their employer does not do enough to support informed financial decisions on savings and investments (Source: Equiniti) bit.ly/2ev3g5o38% of UK employee respondents who work at an organisation with a financial ...
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OpinionMiranda Seath: Employees need to recognise the importance of seeking financial guidance
Chancellor Philip Hammond avoided throwing any deliberate hand grenades at pensions policy in the Autumn Statement 2016. There was no tinkering with the triple lock or pensions tax relief despite speculation from some commentators that there might be. Although the triple lock looks to be under threat after 2020, Hammond ...
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ArticleEmployer-arranged pensions advice can be combined with pensions advice allowance
The government has confirmed that the incoming pensions advice allowance can be used alongside the tax exemption for employer-arranged pensions advice, enabling employees to access up to £1,000 of tax-advantaged financial advice in a tax year.In its response to the Introducing a pensions advice allowance consultation, which ran between August ...
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ArticleTMgroup launches financial wellbeing workshops for staff
Property organisation TMgroup has introduced financial wellbeing workshops for its 142 UK-based employees.The workshops, which are delivered by The Tonic as part of a wider employee wellbeing programme, cover topics such as how to take control of daily finances, how to cope with financial shock, emergency funds, and how to ...
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Article63% believe economic impact of Brexit will drive financial education demand
Almost two thirds (63%) of employer respondents think that the impact of Brexit on the UK economy will drive demand for financial education in the workplace, according to research by Nudge.Its Financial education yearbook 2016/17 report, which surveyed 302 employers, also found that 32% of respondents already offer financial education ...
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Supplier article
Financial wellbeing initiatives: why you can’t afford to ignore them
By Gethin Nadin – Director of EcosystemsOver the last couple of years, Financial Wellbeing has made its way to the top of the HR agenda. What has traditionally been viewed as a sensitive and personal subject is now coming out onto a more public platform, and the responsibility of a ...