One of the major causes of the stress that undermines mental health is financial worry.
It’s easy for employees to think that the only solution to money worries is more money. But often, severe worry is caused by concern about unexpected expenses or sudden loss of income – which are easier to address through the cover offered by a good Group Income Protection product.
Equally, not all employees have made financial arrangements to optimise the income they have. Faced with the potential expense of professional advice, or distrust of financial organisations, they may now be increasingly receptive to receiving assistance from their employer – including access to financial education.
“It’s easy to overestimate your employees’ familiarity with financial products and services. Even at Aviva – a major financial services provider – we’ve been surprised how many of our employees have felt lacking in confidence when making financial decisions, and how much they’ve benefited from access to financial education and support”
