WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice, has been identified as one of London Stock Exchange’s 1000 Companies to Inspire Britain. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers. More detail on the methodology can be found in the report online at www.1000companies.com.
WEALTH at work, who recently gained financial backing from private equity firm Equistone employs over 130 staff across the UK. Its corporate clients range from large FTSE companies such as BT and Marks & Spencer to SMEs. It has educated more than 85,000 employees, covering a range of subjects including pensions, share scheme diversification and retirement planning. This service can then be supported by guidance and advice when required.
Jonathan Watts-Lay, director, WEALTH at work, said: “We are thrilled to be listed by the London Stock Exchange as one of the most inspiring and fast growing companies in the UK. This prestigious recognition is testament to the increasing number of employers wanting to support employees with financial education, individual guidance and regulated advice and our commitment to providing this. Our service is unique, offering a one stop shop for employers and pension schemes seeking to meet their obligations especially in the new world of freedom and choice. I very much look forward to further developing our offering to our clients as we continue to grow, delivering innovation and setting new standards of best practice.”
Steve O’Hare, partner, Equistone Partners Europe, said: “WEALTH at work has demonstrated strong growth and continues to be the market leader within its field. The business is well placed for continued organic growth and further strategic acquisition opportunities in the future. We look forward to working with the team through the next phase of growth.”
Xavier Rolet, chief executive, London Stock Exchange Group said: “High-growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need. But ambition alone is not enough; their success must be highlighted and their growth properly supported with appropriate finance. That’s why today’s event is so important: demonstrating the strong alliance between UK Government, financial market participants, investors, entrepreneurs and companies to support these inspiring businesses.
“Today’s celebration is fundamental to London Stock Exchange’s core, the need to support UK high growth companies in their journeys from Start-up to Stardom and create an entrepreneurship revolution.”
Writing in the publication, The Rt. Hon. George Osborne MP said: “UK high-growth businesses are leading the charge in rebuilding our economy. These companies are the backbone of the British economy. They create high-quality, well paid jobs, innovate and drive economic growth. This government fully understands the need to support ambitious entrepreneurs and ensure they can access the finance they need to grow.”