Workplace

The Money and Pensions Service (MaPS) estimates that 11.5 million people in the UK have less than £100 in savings, leaving them incapable of withstanding financial shocks. With many facing cost of living pressures, it is likely that the number of people who are financially stretched will increase over the next 12 months. Payroll savings products can be a powerful way to support the...

UK Strategy for Financial Wellbeing Following listening events in Scotland and across the UK, The Money and Pensions Service (MaPS) launched the UK Strategy for Financial Wellbeing at the start of 2020. The Strategy is designed to bring partners together to transform the country’s financial wellbeing in a decade. Since then, MaPS has been coordinating proposals for a Delivery Plan for...

Following listening events in Northern Ireland and across the UK, The Money and Pensions Service (MaPS) launched the UK Strategy for Financial Wellbeing at the start of 2020. The Strategy is designed to bring partners together to transform the country’s financial wellbeing in a decade. UK Strategy for Financial Wellbeing Since then, MaPS has been coordinating proposals for a Delivery...

UK Strategy for Financial Wellbeing Following listening events in Wales and across the UK, The Money and Pensions Service (MaPS) launched the UK Strategy for Financial Wellbeing in January 2020. The strategy is designed to bring partners together to transform the country’s financial wellbeing in a decade. Since then, MaPS has been coordinating proposals for a Delivery Plan for...

UK Strategy for Financial Wellbeing In 2020 the Money and Pensions Service (MaPS) launched the 10-year framework for achieving our vision of ‘everyone one making the most of their money and pensions’: the UK Strategy for Financial Wellbeing. Since then MaPS has worked with hundreds of partners in England and the whole of the UK, from across government, industry and the third...

Financial First Aiders pilot As an employer, it may come as no surprise that financial concerns impact your employees’ mental and physical health, and can even affect work performance. This may have become even more evident in your team in the Covid-19 pandemic, or during life events like maternity leave, bereavement or divorce. Research estimates that money worries cost the UK...

Closing date for responses has now passed. For more opportunities to engage with the UK Strategy for Financial Wellbeing, sign up for the MaPS monthly newsletter, and follow us on Twitter or LinkedIn. The UK Strategy for Financial Wellbeing sets out five challenges – ambitious goals to improve the lives of millions of people by 2030. We are now looking at these priority areas in detail,...

Following the collapse of Flybe, Andrew Johnson, money expert at the Money and Pensions Service, said: “This is a difficult time for thousands of travellers but there are also hundreds of Flybe workers who will be very worried about their pay, pensions and overall financial security as a result of this news. Staff should check what they’re entitled to from their employer, including...

Challenge Group chairs will work towards the goals set in the UK Strategy for Financial Wellbeing 11 sector leaders who will head up cross-industry groups set up to help transform financial wellbeing are being named today by the Money and Pensions Service (MaPS). They will chair Challenge Groups which will recommend how the UK can achieve the five national goals set out in the...

Five priority areas to help people make the most of their money and pensions A new UK-wide strategy to transform the country’s financial wellbeing in a decade is being launched today by the Money and Pensions Service (MaPS) under its government mandate. Delivering on the strategy will transform the lives of many individuals, benefitting communities, businesses, the economy and wider...

Using behavioural science to help employees save: Payroll savings scheme

Delivery Plan for Scotland

Delivery Plan for Northern Ireland

Delivery Plan for Wales

Delivery Plan for England

Holistic employee wellbeing: How to support financial wellbeing through peer-to-peer money guidance

Join the 2030 Financial Wellbeing Challenge

Media comment: Flybe collapse – guidance for employees

11 sector leaders named who will help shape the UK’s future financial wellbeing

UK Strategy for Financial Wellbeing sets out ten-year vision to improve millions of lives

Managing money in uncertain times