Few employers helping workers with financial advice - Chase de Vere

The national advice firm found four-fifths (83%) of employers recognise financial advice is something their employees would value and benefit from, but one-in-three (33%) have the appetite to pay for it. Chase de Vere said the study, conducted alongside research firm Lightbulb, involved 10,000 phone calls to employers and a further 300 in-depth interviews with "senior HR decision makers". While one-in-three had an appetite to pay for employees' advice fewer employers (27%) anticipate doing so by including a cost for financial advice for their employees in their 2018/19 budget. This is...