Financial
wellbeing for all

MoneyFit delivers financial education and engaging tools to maximise employee financial wellbeing

“Financial wellbeing is about feeling in control of your money and being hopeful about your financial future”

The National Forum for Health and Wellbeing at Work

37%

Of UK employees cite financial pressure as their leading cause of stress outside work.

ONLY

10%

of employees state that their employer has asked them if they would like support with their financial wellbeing.

50%

of employees don't fully understand their benefits offering.

3 Pillars of
Financial Wellbeing

Confidence

to make financial decisions

Control

over budgeting and debt

Capacity

to save for the future

Key Features

The MoneyFit Quiz

The MoneyFit quiz assesses individual attitudes to money and financial wellbeing. 100% anonymous, the quiz delivers a unique money personality combination using engaging animal personas and a bespoke action plan to improve money fitness, plus comparison against UK results.

Bespoke
Action Plan

The bespoke action plan recommends priority actions that will help improve financial confidence, control and capacity. Based on the outputs of the MoneyFit quiz, users can complete their action plan at their own pace and build their money fitness over time.

Financial
Education

Engaging financial education content that explains complex finance topics in plain English. The Money Glossary includes links to carefully selected resources on topics such as everyday budgeting, managing debt and saving for the future. MoneyFit Classes are a series of on-demand explainer videos that explain topics including the maths of money, student loans, mortgages and savings with clear illustrations and practical examples.

Finance Focus Areas

Engaging Tools

Cashback card

The plastic-free digital cashback card delivers cashback of up to 14.5% at over 80 UK retailers. Easily accessible via Apple Pay and Google Pay, the MoneyFit Cashback card makes everyday budgeting and spending more rewarding. Learn more

Earn up to 14.5% cashback at over 80 popular retailers

Employee Benefits Communication

Ensure that employees never miss out on the money-saving benefits available to them. The employee benefits content editing tool enables employers to communicate all their benefits in one place including links to the intranet and company benefits platform.

The healthcare cashback scheme provides money towards everyday medical expenses, including dental and optical care, including eye tests. You can find out more details on level of cover an how to claim via the benefits portal at <insert link> Remember that all of these insurance benefits are selectable during the benefits window which opens in <insert month> each year.

The Cycle to Work Scheme is a benefit available to all colleagues, providing savings when you buy a bike and accessories. You pay nothing upfront, then payment instalments are taken from your salary before tax, which can save you up to 40% on the cost of a bike and accessories. You can apply throughout the year.

Find out more information on Cycle to work at <insert link> and register for this great tax efficient benefit.

Pensions are the most tax-efficient way to save for your future. Employees are automatically enrolled into the company pension scheme and we make contributions to the Scheme for you. You can choose the investment fund(s) for your pension plan otherwise there’s a default fund that your money will be automatically invested into. We will match any personal contributions that you make up to the value of <insert>%.

Visit the pension pages on the intranet at www.intranet/pensions to find out more about your pension and make the most from company contributions. You can log in to the Pension site to change your investment choices at any time, free of charge here <insert link>

If you have children under the age of 5 in an Ofsted approved nursery, then you can benefit from the workplace nurseries scheme. If your chosen nursery agrees to sign up to the scheme, then you can choose to pay your entire nursery bill through your monthly payroll (minimum monthly values apply), realising significant tax and national insurance savings.

This benefit is available at any time throughout the year (minimum contract terms apply). To find out more see <insert link>

Save while you spend! The MoneyFit Cashback card is a fast and effective way to earn cashback of up to 14.5% across over 80 retail brands in store and online. Simply load the card via the App, spend and receive cashback earned every time you top up. Register for your free cashback card via the Cashback Card menu on MoneyFit.

All colleagues can access 1:1 mortgage advice from Charles Cameron & Associates. This service is free for everyone and includes as many meetings as you require. Appointments can be an online video meeting or over the phone. You are also able to use a 24/7 Online Mortgage Helper giving instant access to affordability and payment calculators.

For more information, please visit www.ccameron.co.uk/moneyfit

Money Modellers

Engaging interactive modelling tools that illustrate the impact of everyday budgeting decisions and interest on loans and savings. Includes the small savings add up modeller that highlights the cumulative impact of micro spending over time.

Help and Support

Practical help and support with links to resources on topics including money and mental health and gambling addiction.

Data and Insights

The interactive employer dashboard provides real-time insights into employee financial wellbeing including comparison with UK data. Additional quiz questions can be added to provide further employee data on topics such as employee benefits understanding.

Financial Capacity

Could your household afford to pay an unexpected, but necessary expense of £850?

Financial Worry

How stressed do you feel about your personal finances in general?

Rapid Implementation

MoneyFit is a hosted software as a service (SAAS) platform enabling rapid implementation with zero impact on existing HR technology infrastructure. Includes a fully customisable content editing tool and built-in communication assets for fast effective deployment.

Industry
Awards