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The cost-of-living crisis is putting employees’ financial wellbeing under significant pressure, with the Money and Pension Service’s Debt Need survey, published in January 2023, finding that 40% of UK adults would benefit from some financial guidance or debt advice.
As money worries can affect other areas of an individual’s health, it is sensible to align workplace financial and mental wellbeing strategies.
Mattioli Woods’ Employee Benefits Consultants, Adrian Firth and Ed Watling, have been featured in an Employee Benefits article which can be found here.
