Financial education and employee wealth management services provider JPMorgan Invest has been renamed Wealth at Work.
The change follows the completion of a management buyout backed by Lloyds TSB Development Capital (LDC), the private equity division of Lloyds Banking Group.
Wealth at Work provides services which allow employees to maximise the value of their benefits by providing financial education tailored to the needs of individual employers and of different employee groups within these companies.
This is supported by a flexible savings platform and wealth advice service which allows, for example, the linking of company share schemes to pensions and individual savings accounts, retirement income planning for retirees and specialist advice for senior executives.
David Cassidy, chief executive officer of Wealth at Work, said: “Major clients of Wealth at Work have been extremely supportive of this new move because of the additional investment that will be provided to help us to develop further our market leading service. This will ensure Wealth at Work continues to innovate in a rapidly-changing employee benefits marketplace.”