Bippit®

As the year draws to a close, it's been a good time to reflect on the journey we’ve been on at Bippit this year—and more importantly, the profound, life-changing impact we’ve had on the lives of so many people. Our mission has always been clear: to democratise access to professional financial support, and empower individuals with the tools, expert guidance, and confidence to take control of their finances. We've onboarded some brilliant businesses this year, and seen that mission in action like never before. ✅ We’ve guided individuals through life’s most daunting moments—buying their first homes, navigating divorce, redundancy, planning for retirement—and helped them come out stronger on the other side. ✅ We’ve helped people get out of the cycle of debt, replacing financial anxiety with a sense of security and stability. ✅ We’ve supported working parents planning for their children’s futures, ensuring their dreams don’t come at the cost of their own financial wellbeing. ✅ We’ve worked with workplaces to create financial wellbeing programs that not only improve financial literacy but also build inclusive cultures where everyone can thrive. 💡 9/10 people have never spoken to a financial professional about money - and many of our app users are much earlier on in their financial journey who would otherwise face significant accessibility barriers and often turn to inappropriate solutions for their financial support. TikTok crypto recommendations anyone?! The stories we’ve heard and the feedback we’ve received remind us why we do what we do. It’s about more than numbers on a spreadsheet or achieving financial milestones; it’s about peace of mind, self-belief, and empowerment. To our clients, partners, and team: Thank you for making 2024 a memorable year. Here’s to 2025! #FinancialWellbeing #FinancialCoaching #YearEndReflection

If the UK’s financial inequality had a 2024 wrap, here’s what it would sound like: → The average pension pot of a minority ethnic individual is less than half the size of that of a white British individual. → This is also the case for women. Women’s pension pots are 55% smaller on average than men’s by the time they reach retirement age. → Pay gaps have also reached this 2024 wrap. The disability pay gap has hit a staggering level of 17.2%. → This wouldn’t be a financial inequality wrap without carers. 1.2 million unpaid carers live in poverty. This is impact on real people. The ethnic minority individuals unable to retire. The carers choosing between their own needs and those of others. The women and disabled employees being left behind. What can HR do? 🎓 Start with education: Build awareness around pay gaps and financial disparities. You can check Dianne Greyson if you want to learn more about the ethnicity pay gap. Lottie is a company that champions for carer's wellbeing. And of course, I speak about financial inclusion a lot, specially for women and disabled people! 💪 Champion inclusive financial wellbeing: Offer benefits like pension guidance, financial coaching, and tailored support. Make sure these benefits are not a one-size-fits-all! 🔍 Close the gaps: Review pay, pensions, and policies to ensure equity at every level. Be transparent about it, post the results of your reviews and next steps on how to improve. ___ Stats from Carers UK, Legal & General, and TUC.

Parents face further financial strain following the Autumn Statement changes. Due to NI hikes, nursery fees will likely increase to balance the books. But childcare fees are just one of the many additional financial costs that come with being a parent. I found myself talking to my sister about a junior SIPP for my 18-month-old niece, mainly because pensions have consumed me to the point it’s a key personality trait of mine… …like the person who’s training for a marathon or who’s recently bought an air fryer. But saving for your kids' future is yet another financial responsibility to add to the list for parents. Which makes these stats from recent Bippit research not so surprising: 💡 Parents are 1.2x more likely to be stressed about money. 💡 Parents are 1.3x more likely to worry about unexpected costs. What are parents contending with that puts pressure on them financially? What can employers do to help? You can find out Bippit’s take in our free research report here https://lnkd.in/eMDpr-Jd

🚨 Are managers better supported with their financial wellbeing at work? 👀 Our latest research uncovered a surprising gap in financial support at work: while managers fare better on various measures of financial wellbeing, employees are getting left behind. This inequality can lead to disengagement, financial stress, and missed opportunities to build a financially resilient workforce. We’re thrilled to see Personnel Today spotlighting this issue! 🎉 Their feature dives into the data and highlights why HR teams need to rethink their approach to financial inclusion. 👉 If you’re an HR professional, ask yourself: is everyone in your company getting the support they need to thrive financially? If not, now’s the time to close the inclusion gap. Let’s close it together. Read the full article (link in the comments)! #FinancialWellbeing #HRInsights #EmployeeWellbeing #Inclusion #FutureOfWork #HR

👀 Bacon, HR leaders & wellbeing stats your HR team must see - what's the connection? They were all in the same room when we discussed the latest findings from our survey of 2000 UK employees and 500 HR professionals looking at financial inclusion. Normally we'd put some of the key findings in this post -- but we'll let the video do the talking. Take a look below. If you'd like to download our latest research, Dynamics in Financial Wellbeing: The Inclusion Edition, please click here: https://lnkd.in/eYTq_nAw Thanks so much for attending and giving us your insights Saschan Fearon-Josephs (Oxfam), Shaun James (Monex Europe), David Hopkins (BMJ), Hollie Panther (Catch22 / Lighthouse Pedagogy Trust), Mark Greenwald (Lendlease), Greg Musgrave (Investigo) and Helen Mold (Odgers Berndtson). #HRCommunity #DEI #FinancialWellbeing #FinancialInclusion #DiversityAndInclusion #HRLeadership

Lendlease has a rich history of employee wellbeing - they were the first construction company in the UK to sign the Time to Change pledge, back in 2013. And for 2018/2019, they were awarded Mind’s #1 Workplace for Mental Wellbeing. Which is why we're so proud to have just launched as their financial wellbeing partner, giving all their UK staff access to professional, personalised financial guidance at every life stage. Lendlease employees will now be able to take advantage of personalised money management plans to help them and their households make the most of their salary and total reward package. Thanks so much to Mark Greenwald for championing the importance of supporting employees with their financial wellbeing -- and to Employee Benefits for covering the launch (details in the link below). We can't wait to get started! #FinancialWellbeing #HRCommunity #FinancialCoaching

💼 Employer NI costs are climbing following the Autumn Statement - but there's a way to mitigate the impact. Pension salary sacrifice from HMRC can save money for your organisation by lowering the cost of National Insurance. Bippit provides retirement planning to all employees - 40% of our users plan to increase their pension contributions after going through the process. With our free calculator, you can see exactly how much you could save in Employer NI if your employees had access to Bippit's financial coaching. 💡 Curious to see the numbers? ➡️ Try our free calculator today to explore the potential savings: https://lnkd.in/eYc9EnGy #HRCommunity #AutumnStatement #EmployerNI #FinancialWellbeing

🎄 Don’t let holiday cheer cloud your fraud radar! 🎄 This festive season, scammers are likely to target your team with fake eCards and bogus bonus emails. Cifas invited us at Bippit to share our insights on safeguarding your employees from these seasonal scams. 👉 Take a look at the article to find out the common tricks played by fraudsters to catch your staff when their guard is down. And, obviously, AI is changing the game and raising the stakes -- so it's important to act soon. Thank you, CIFAS, for letting us shine a light on this issue. Read our full piece on keeping fraud at bay this Christmas: https://lnkd.in/ezrCZHhf #Scams #TalkMoneyWeek #FinancialWellbeing

⏰ Last chance to register for our post-Autumn Statement webinar for HR professionals! The Autumn Statement has big implications for HR teams, and we’re unpacking what it means for financial inclusion and employee wellbeing in 2025. From how to mitigate the impact of the hike in Employer NI rate to understanding how to communicate with employees without stoking uncertainty, this is your opportunity to get up-to-date early. This #TalkMoneyWeek, don’t miss the chance to be part of the conversation that HR leaders across the UK are joining to make a real difference to their organisation and people. Click here to secure your spot: https://lnkd.in/et_6vMxV #HRCommunity #FinancialWellbeing #FinancialWellness #HR

HR leaders will need to know what the Autumn Statement means for both their organisation and their employees -- and be able to take action quickly. We'd love to welcome you on our webinar, at 12pm on November 5th, where you'll get all the information you need to lead with confidence. Hosted by financial experts, we'll run through: • What the headlines actually mean, and the impact they'll have on organisation and employee • The importance of framing financial communications positively to avoid stigma • Practical steps to build financially inclusive workplaces that foster security and growth for all Join us on November 5th - click the link below to sign up. #HRCommunity #FinancialWellbeing #AutumnStatement