Kingston Hospital NHS Foundation Trust recognises the close link between financial health and mental wellbeing with the inclusion of a financial pillar in their overall health and wellbeing programme. The team at Anderson Financial Management has worked closely with the Trust since 2017 to support this important element of employee wellbeing. 

In 2020, the outbreak of COVID-19 and the onset of “COVID exhaustion” in NHS staff led the Trust to dramatically rethink their wellbeing strategy and put employees firmly in the centre of decision-making. This new structure has grown into a four-pronged approach, including family, physical, mental and financial health pillars.

“The inclusion of a financial health pillar is crucial to help our team members better understand their finances and relieve some of the pressure they may feel because of it. Staff at both ends of the income spectrum find Andersons invaluable – their advice is speedy, reliable and above all impartial. Andersons are helping our staff on this journey, particularly as we work towards a post-pandemic world.”

Kelvin Cheatle, Director of Workforce, Kingston Hospital NHS Foundation Trust

“Our conversations with NHS employees often focus on the NHS pension scheme. Many people are confused about the impact new changes to the scheme will have. We look at what is important to them and how to budget effectively to get there. For example, how to manage debt and reduce borrowing before looking at investing.”

Marcus Dunk, Chartered Financial Planner, Anderson Financial Management