Staffcare and Portus offer financial education package

Benefits provider Staffcare is to offer financial education software as part of its total employee benefits package following an agreement with the developers of moneygym, Portus.

Moneygym is an online financial planning tool which allows employees to enter their data and calculate long-term income requirements. They can also model changes in savings, pensions, property, investments and other income and expenditure using smart interactive functions. New functions in the software planned for 2017 include ISA purchasing.

Ray Sieber, managing director at Staffcare, said:

‘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.’