With 12.5 million people in the UK undersaving for retirement, MicroFact is calling on the government to make financial education a legal workplace right. The financial education platform is preparing to publish a landmark white paper urging mandatory provision of financial education for all large employers (250+ staff).
MicroFact argues that, just as health and safety training is a standard requirement, financial wellbeing should be embedded into every employee’s working life. The white paper will set out:
- The costs of inaction – including higher employee stress, turnover, and lost productivity.
- The benefits of action – from stronger savings rates and retirement outcomes to improved loyalty and resilience.
- Case studies – showcasing employers who have already introduced workplace financial education programmes.
- Policy recommendations – to make financial education a workplace right.
Emily Boxall, co-founder of MicroFact, said:
“Financial literacy shouldn’t depend on luck or privilege. If you have a job, you should also have access to the knowledge and tools you need to manage your money, reduce stress, and build long-term security. We want to see financial education treated as essential workplace training; not a perk for the few.”
Call for contributions
MicroFact is inviting contributions from:
- Employers who have introduced financial education programmes
- HR and wellbeing leaders with insights into employee impact
- Pensions experts and financial wellbeing campaigners
- Employees with lived experiences of financial stress or empowerment
Those interested in contributing are encouraged to contact emily.boxall@microfact.co.uk or connect via LinkedIn.
The final white paper will be published later this year and shared with policymakers, industry leaders, and the wider public to drive urgent change.
About MicroFact
MicroFact is a financial education platform that makes learning about money simple, engaging, and accessible. Through daily games and bite-sized content, MicroFact helps people build confidence in managing their finances: from budgeting and investing to pensions and retirement planning.
