Evelyn Partners launches new Moneyhealth platform

Evelyn Partners has unveiled a “state-of-the-art” digital platform with built-in financial coaching by qualified professionals as part of its new employee financial wellbeing service, Moneyhealth. 

The service enables employers to offer a comprehensive approach towards effective money management for staff at all income levels, whether a trainee or senior executive. 

From financial coaching with a qualified financial planner to extensive guidance on saving, the new platform equips employees with all the tools they need to tackle their money worries. In turn it will help staff members focus on their job, boosting productivity and the company’s bottom line in the process.  

Financial health is now the leading concern for employees, according to a recent Evelyn Partners survey of more than 500 business owners. Nearly a third (30%) of business owners see financial wellbeing amid the cost-of-living crisis as the biggest worry for their staff members, prompting some responsible employers to seek out a targeted support solution. 

Now employees of organisations subscribing to Evelyn Partners’ Moneyhealth platform will benefit from a variety of services, including financial coaching with a qualified professional, a personalised financial plan and direct access to the Bestinvest investment platform.

Separately, as part of the overall Moneyhealth service, senior managers with more complex financial affairs can tap into Evelyn Partners’ executive consulting service, gaining access to extensive expertise in wealth management, financial planning and tax with the option to sign up for formal, ongoing advice. 

John Bunch, chief financial services director of Evelyn Partners, said: “It is well documented that the UK has an ‘advice gap’, with millions of people not gaining access to the financial support that they need. We believe that employers have a critical role to play in resolving this dilemma. Looking after the financial health of your workforce is more than just an employee benefit, it should be a strategic business objective. 

“Our full Moneyhealth employee financial well being proposition provides businesses with a valuable benefit to offer their staff to help them improve their personal finances at all levels of the organisation. A workforce with healthy financial habits is likely to be an engaged and productive and focused team, creating a win-win scenario for all parties.”