“Money Advice” is unregulated advice which takes account of the specific financial circumstances of an individual, but which does not result in a product recommendation.

Unfortunately many Employees are absent from their place of work due to stress caused by money worries. The Government recognises this, and wants to improve access to ‘money advice’ for the whole country. One way to fulfill this requirement is for Employers to offer their Employees the opportunity to discuss their own financial situation with a Financial Advisor in their workplace environment. In doing so it is believed that the “Work Life Balance” will be addressed.

• Has the potential to reduce staff absenteeism by removing stress caused by financial worry;
• Has the potential to reduce employee attrition - employees will appreciate the true extent of employee benefits;
• Provides a “psychological contract” with Employees - the Employer is seen to care and value their employees;
• Enhances the company’s Employee Benefits Package;
• Satisfies the UK Government’s desire to ensure that a company fulfills the need for “Workplace Financial Education”

“Money Advice” empowers individuals with financial knowledge and allows them to identify:

• Their current financial position and, therefore, the choices and possible priorities for action which are appropriate to their needs
• How to take the next steps in addressing their priorities; and
• How to access other relevant sources of information and advice.

• A familiar environment provides the Employee with a relaxed atmosphere, allowing them to feel confident about discussing their own financial situation
• No pressure is felt by the Employee as there is nothing to buy
• Information is delivered in an understandable way
• The meeting is conducted on a confidential one-to-one basis at a time convenient to both Employee and Employer.