Working age covers a large period from the ages of 16 to 70, and covers a wide range of financial decisions and life events. Poor financial capability leads to increased stress, and the connection between physical, mental and financial wellbeing is increasingly being understood. Financial capability interventions for working age adults cross a range of areas: workplace, welfare, housing, health, technology and life events.
The Strategy aims to understand the role that employers can play in supporting and improving financial capability. Financial difficulties can lead to decreased productivity in the workplace. How can employers support the financial wellbeing of their people day to day, through life events and into the longer term?Read more
Different life stages have an effect on people's ability to manage their money.