
Do Phoenix offer staff loans or anything to help their employees with financial hardship?
Roty S. asked a question to Jason C.
Category: Employee benefits
Date asked: Friday, February 14, 2025
Last reviewed: Monday, February 17, 2025
Jason C.
Hi, thank you for your question. Phoenix does not offer loans, but we do have lots of great benefits including financial education and advice. We offer something called ‘Nudge’, a financial education platform, which helps colleagues to build financial knowledge and plan for the future. We also offer financial coaching, where a financial coach works closely with you to develop a tailored strategy aligned to your individual circumstances. We also have partnerships with external providers who can provide regulated financial advice from an independent financial advisor. Lastly, Phoenix also offers workplace savings, which gives you access to a range of online ISAs. This is in partnership with Cushon, a workplace savings platform. We also offer a range of benefits to help you to stay protected, such as income protection, life assurance and critical illness cover.
Please note that these benefits are correct as of February 2025, and are regularly reviewed to ensure we are offering a competitive and flexible benefits package to colleagues. The latest information about these benefits is available on the careers website (‘Reward’ page), and on our Intranet page should you join us.
Monday, February 17, 2025