Making financial wellness personal to your workforce
The term ‘financial wellness’ doesn’t depend on your general wealth or salary. It’s defined by the act of managing personal financial situations and budgeting within the confines of your own earnings – and doing it in a confident and secure way.
In 2015, the Consumer Financial Protection Bureau (CFPB) published a report focusing on financial wellbeing defined as “a state of being wherein you:
- Have control over day-to-day, month-to-month finances;
- Have the capacity to absorb a financial shock;
- Are on track to meet your financial goals; and
- Have the financial freedom to make the choices that allow you to enjoy life
Recently Aon conducted the Aon Financial Wellbeing and DC Pension Member Survey 2018, this particular report was called “Living the Dream?” We spoke exclusively with Steven Leigh a Senior Consultant at Aon to find out more, read the full interview below.
