Hoyland Common Academy Trust (HCAT) has appointed Lifetime Financial to provide financial education and guidance to its employees.
The new initiative will help them better understand their financial position and make more informed decisions about their future.
Lifetime Financial recently launched a personalised financial review service that offers a bespoke, 10-minute video explaining an individual’s current financial position, including the interaction between work related and private finances.
The new initiative with HCAT will be underpinned by Lifetime’s digital portal and include a comprehensive staff survey, ongoing support through a suite of educational videos and the personalised financial review delivered by a Lifetime Financial coach.
Tom Banham, CEO of HCAT, said: “HCAT is a high performing multi academy trusts, based in Barnsley. We pride ourselves in providing only the highest quality of education to our learners. We also provide some of the best staff benefits for our employees. However, sometimes these benefits are not fully understood, and rarely does anyone understand how their employer provided benefits dovetail with their private provision, whether this is their pension, life insurance or any other benefit.
“We have therefore appointed Lifetime Financial to help our staff understand, and appreciate, how important their non-salary benefits are and enable them to make more informed financial decisions in the future.”
Ian Dickinson (pictured), managing director at Lifetime Financial, added: “Our ambition is to enable everyone to have access to financial education and advice where needed. Tom Banham and his team have demonstrated their commitment to both HCAT and its employees to better understand the fantastic benefits that the trust provides and how they fit within their broader financial needs.”