Why businesses should offer financial education

Research undertaken in 2014 by Secondsight found that 67% of the working population receive no financial education from their employers.
Only 20% of employees had a coherent financial plan and a third claimed to have only a vague idea about money management. Half of employers surveyed said that their staff had asked for help with financial education.

More recent research by the Open University [2] has reinforced these findings with 81% of employees surveyed saying they would value workplace personal finance learning, but with only 7% reporting that they received this support from their employer.

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