Video Q&A: How our financial wellbeing support is helping members make the most of their money

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What does financial wellbeing mean to Standard Life, and how are we empowering members to become more financially resilient? Watch our Q&A with Amy Johnson, Head of Member Proposition at Standard Life and Jason Green, Chief Commercial Officer at Benefits Guru and FTRC, who talk all things financial wellbeing.

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When it comes to engaging with their finances, we know people can face all kinds of barriers – jargon, complexity, and not knowing where to start. This can really affect how members feel in their everyday lives. 

We want to help members make the most of their money every day, so they can feel more in control, more confident, and more capable. Watch to learn about our inclusive approach to financial wellbeing:
 

How are we supporting members to become more financially resilient?

Open finance technology – which allows members to connect their finances together into one place – provides members with a foundation to feeling more in control of their money. 

But it’s important that we build on this to really boost financial resilience. That means layering on member experiences, features, and journeys to drive greater personalisation and support. 

With our all-in-one money management tool, Money Mindset*, employees can connect all of their money in one place in real time. Plus, they can enjoy valuable savings and take small steps towards their goals with personalised actions and insights. So whatever stage they’re at, they can take control of their money, build positive habits, and feel more confident. Watch to discover more about how we’re supporting members: 
 

What’s next for Standard Life in the financial wellbeing space?

We’re continuously building on our financial wellbeing toolkit to support members with their day-to-day money. 

Next, we’ll be developing the first phase of our new Family Finances Hub, which helps members financially plan within their family. We know this doesn’t happen in silos, so our hub aims to support all those life events that members could face, from starting a family through to helping out grandchildren, and everything in between.

Following positive feedback from our members, we’re also expanding our webinar series. We’ll be broadening these into a suite of educational webinars, covering topics like mortgage makeovers, budget planning, and managing debt. See what else in on the cards in our video:
 

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For more insights on financial wellbeing visit our Financial Wellbeing hub and read our articles.

*Money Mindset is provided in partnership with Moneyhub Financial Technology Ltd