How we feel about our finances affects our wellbeing, we call this financial wellbeing
As money comes and goes through life, how your employees feel about their finances will change. And they might not always be prepared for what’s around the corner.
If they’re feeling anxious about their finances, it can affect their financial wellbeing. And that can impact how they’re feeling at work. That means it affects you, as their employer.
In fact, when we surveyed employers and employees across the UK for our 2024 Working Lives Report, we found clear links between employee wellbeing and finances.
73% of employees we surveyed said the cost-of-living crisis has made them feel more anxious about their finances
Three-quarters of employees want more support and guidance from their employer about planning for a financially comfortable retirement
63% of employees said their employers don’t provide tailored support, which would help improve their financial wellbeing
Boost financial confidence at your workplace
Getting confident with money and planning for their financial future is a priority for lots of employees, and that impacts you as an employer.
Our financial wellbeing support can help you understand your employees’ individual needs as well as helping your workforce to strengthen their financial confidence.
Aviva Working Lives Report
What do employees need from you in uncertain times? From helping them plan for retirement to why a financially resilient workplace benefits everyone, learn about the shifting views in the workplace in the Aviva Working Lives Report 2024.
Aviva Financial Advice - information for employers
If your employees have £300,000 or more in total across their pension and investment savings, they can get personalised advice about their finances with Aviva Financial Advice.
Financial Wellbeing Tool
Enabling employees to be more in control of their money through personalised, practical steps based on how confident they feel about their finances.
Members can access the Financial Wellbeing Tool by logging into their MyAviva account.
The Financial Wellbeing Tool is initially only available under the Aviva Master Trust and to contract-based schemes on the My Money and NGP platforms.
