It’s time to support staff with financial freedom
The time has come to ‘support staff on their road to obtaining financial freedom’. New book from Darren Laverty, Partner at Secondsight looks at how workplace financial education can help.
Darren Laverty, firmly believes the question ‘what is financial education?’ has been well covered in the press. But he advises now is the time to flag how employers can support their workforce with financial education, and the processes that should be put in place.
In his recently published book ‘Make Their Money Count’, he looks at how to run an effective financial education programme – providing employers with a comprehensive guide. He comments:
“I believe that too many companies are paying lip service, and advising that they run financial education training for their staff, but my concern is how valid and tested this really is. We need to see more formal financial education programmes being run in the workplace, because – at the end of the day – financial wellbeing truly underpins both physical and psychological wellness.
“The world of financial planning has changed dramatically over the past 30 years, and what was considered by many as financial education in the past is, in my opinion, no longer enough.”
It has already been read and commented on by leading HR and industry figures, including Baroness Altmann and the CIPD’s Charles Cotton. Both have shared their comments which are featured in the book.
Read the article in full featured in Personnel Today.