Monday 10 February 2014

Financial worries at work

I was intrigued by the results of a piece of research released by Scottish Widows recently.  According to the research conducted, 14% of Britons spend an hour or more a day worrying about or dealing with money worries.  This is quite a stark statistic, a 10-15% drop in performance of 10-15% of your workforce. 

Within the same research 85% of people agreed that having a plan in place helps to ease worries and anxieties. This certainly chimes with our experience of delivering financial education combined with individual planning.  People do not want, nor often need, financial products.  They need reassurance, they need challenge, they need strategy.

With banks rapidly removing themselves from the advice space there is a desperate need for financial education.  Employers can help fill this void by partnering with a Chartered Financial Planning firm like BROADSTONE who specialise in strategy not product sales.  The results can be very impactful and lead to a more focused and productive workforce.


Matthew Brown
Regional Director


Telephone: +44 (0)20 7893 3456

Email:  getintouch [@] broadstoneltd.co.uk
   

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