- Financial guidance software moneygym will now be available from Staffcare
- moneygym was developed by Portus Consulting in response to the growing need for affordable financial guidance in the UK market
Staffcare will now include moneygym as an integral part of its total employee benefits solution as a result of an agreement with Portus.
moneygym is an online financial planning tool which allows users to enter their financial data and calculate their long-term income requirements. They can then model changes to their savings, pension, property, investments and other income and expenses using smart interactive functions. The platform features a virtual assistant to provide guidance and help users get the most out of the site.
Ray Sieber, Managing Director at Staffcare, says “Our totally automated, tailor made smart software solutions enable employers to manage their employee benefits programmes efficiently and engage employees.
“The environment for employers and employees has never been more demanding, especially with the new Pension Freedoms and an ageing workforce driving focus on financial wellness and planning.
“By integrating moneygym into our proposition, employers will now be able to provide their employees with ready access to financial guidance to help them plan ahead and make the right choices. “
“We’re delighted to be working with Staffcare to bring moneygym to a wider audience,” said Dave Middleton, CEO at Portus. “moneygym is designed to help employers provide their employees with support in managing their long-term savings and financial decisions, including making the most of their benefits.
“This is a great way for employers to support the wellbeing of their staff by reducing the likelihood of financial stress and helping them tackle complex retirement decisions in a simple and user friendly way.”
moneygym has been sold to 6,000 users to date. New functionality, including ISA purchasing, will be introduced in the coming months.