Insurance broker the BGL Group has added a financial education programme to the range of benefits it offers its 2,100 employees.
Lucy Painter, associate director for shared services group HR at the company, says: “We already run pension seminars and one-to-one sessions with our pensions consultant, AWD Chase de Vere, as well as giving employees access to financial help on our employee assistance programme (EAP).
“These are very well received and we get lots of requests for more financial education, so we decided to broaden out the programme.”
After researching the market, Painter decided to use the Money Advice Service to provide a financial education programme.
“We really like the material,” says Painter. “It covers a broad range of topics and it makes finance fun and simple, which aligns well with our culture.”
A series of Money Matters workshops, which include budgeting, borrowing, insurance and savings and investment, were launched in March, with staff given time off work to attend.
“We are monitoring feedback from the workshops to help us decide what to offer next,” says Painter. “We want our employees to benefit from the information they receive, using tips from the workshops to help them make the most of their money.”
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