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No financial guidance for half employees

Foster Denovo’s employee benefits division, Secondsight, research highlights employee demand for financial education is not being met.

Leading benefits adviser launches its Financial Education Programme, and warns employers of the need to support staff, and remain competitive.
More than half (52 percent) of companies do not provide any financial education to their employees, according to a new HR survey. Meanwhile, two thirds (67 percent) of employees in the UK claim they don’t receive financial education from their employer. A higher proportion of older people, in the 55+ age bracket, (77 percent) claimed they had not received any form of financial education. However, half (50 percent) of HR professionals surveyed said their employees had requested access to financial education in the workplace.

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