Financial wellbeing in the workplace

Bank of Scotland is not responsible for any content on the Schroders Personal Wealth (“SPW”) website. Bank of Scotland accepts no liability to you arising from your access of or reliance on the contents of the SPW website.

By providing you with a link to the SPW website, Lloyds Bank is not promoting SPW’s investment products or services, nor is Bank of Scotland making any representation to you about the suitability or appropriateness for you of those products or services.

Bank of Scotland will not be a party to any communications or contractual arrangements entered into between you and SPW as a result of your accessing the SPW website.

Get in touch

We believe financial wellbeing is not about having the most money but it’s about having enough money to enjoy the things in life that make you happy. It’s about feeling in control, having financial freedom and prioritising what’s important to you.

What we can do for you:

I’m an employer

We’ll work with you to design a bespoke engagement plan to help embed financial wellbeing into your company culture.

Through a combination of financial advice, education, and guidance available in the workplace, we’ll help normalise the conversation around money.

*Source: Schroders Personal Wealth Money and Mind Report II, April 2022

Why it is important to normalise the conversation about money for your employees

If done correctly, an effective wellbeing strategy can have positive impacts for staff and their employers, but how can companies create one that has a positive impact on the lives of their employees as opposed to a tick box exercise?

Contact us to find out more

If you’re ready to speak to us about your company’s financial wellbeing strategy to understand how we may be able to support, please contact:

Leigh Dunkley - Financial Wellbeing Lead.

07468 750 839

The support we offer is designed to:
  • Attract and retain key employees within your business

  • Improve understanding of what can be seen as complex topics

  • Give people the confidence to engage with their finances regularly and make a plan

  • Play a part in your long-term wellbeing strategy and deliver employee value.

To find out more, download our guide to looking after the financial wellbeing of your employees.

I’m an employee

We’ll help you understand the importance of financial advice and share tips and information on how you could achieve financial wellbeing.

We’ve created a financial wellbeing guide which is a practical document containing some key activities with the aim of supporting your understanding of finances.

When you’re ready to speak to an adviser, or if you need to ask specific questions relating to your personal financial circumstances, we offer a free, no obligation conversation. This is a great opportunity for you to ask any questions relating to your finances and for us to understand whether or not financial advice is the right fit for you, or whether we can signpost you to further support.

Your adviser will provide details of the specific products and solutions recommended, their benefits to you, together with any associated risks, and their fees and charges.

How we can help

Protecting you and your family

Many families would find it challenging to cope if a loved one became seriously ill or died. Not only would it be physically and emotionally devastating, but equally the financial implications could be distressing for those left behind.

Fortunately, there are financial protection products that can help alleviate stresses and worries that are inevitable during difficult times.

The protection range that we offer at Schroders Personal Wealth is designed to provide a choice of benefits depending on your needs. We’ll help you to make sense of different types of protection products with the aim of limiting the financial impact for you and your loved ones at a time when you need it the most.

Products we can advise on:

  • Life and term assurance

  • Critical illness cover

  • Income protection

These protection policies have no cash-in value at any time. If you don't pay your premiums on time your cover will stop, your benefits will end, and you'll get nothing back. If the benefit amount has not been paid out by the end of the selected term, the policy will end and you'll get nothing back.

Who we are

Schroders Personal Wealth is a joint venture between Lloyds Banking Group and Schroders – two of the UK’s largest names in banking and asset management.

Our aim is to help more people across the UK benefit from financial advice. We have the advantage of solid foundations and a strong heritage. But we take a fresh, transparent and personal approach to financial planning.

Our heritage may be 400 years old, but our approach is built for the future.

Build your knowledge with our financial and investment insights

Through our partnership, you can also access regular financial news, research, insights, forecasts, and webinars which are published so you review them at a time that suits you.

Read all about it: Wealth lens

Read regular articles on all aspects of our financial lives, including topics such as planning for retirement, preparing for school & university fees or passing on your wealth.

Hear from the experts: Webinars

Our fortnightly events offer you the chance to engage in discussions on financial markets and wealth management.

Register for the next event and watch previous webinars.

Let's start with a free initial consultation

We'll begin with a free, no obligation conversation to understand if our service is right for you. There are no hidden fees or charges, and you’ll only pay if you choose to go ahead with the recommendations in your personalised financial plan.