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10 Aug 2017
by Liz Morrell

Video tutorial: How a government financial wellbeing initiative will lead to staff expecting more

A new government financial wellbeing initiative will mean that employees will expect more from their employers, according to Robert Cochran, corporate pensions relationship specialist at Scottish Widows.

Watch Scottish Widows' Robert Cochran session in full

Speaking at the REBA Employee Wellbeing Congress 2017 he explained that The Financial Advice Market Review was a piece of work by the Government that looked at how to better support employees, he explained.

He talked through three key papers that have been produced as a result of the FAMR, including Rules of Thumb and Nudges and Financial Wellbeing in the Workplace - a way forward. "The solution they have come up with is a free resource they have been testing with the Money Advice Service, he said. He encouraged delegates to go and test out the beta portals and read the papers he discussed.   

This video tutorial was recorded at the REBA Employee Wellbeing Congress 2017 which took place on 22 June.

 

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Scottish Widows is a life, pensions and investment company.

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