Employees demand financial education
Just 11 per cent of employees understand their pension pot, and only 38 per cent have a vague idea how to manage their money. According to further research from the Institute for Fiscal Studies (IFS) the typical student entering the workplace today leaves university owing more than £44,000.
Hugh Jory, Partner at Secondsight, said that as the demographic of the UK population changes, demand for more financial education would come from employees of every age.
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