Pennywise launches new service for the resource sector
Infocus Money Management member firm Pennywise Investments is offering an employer-funded financial planning service for resource companies in a bid to help them retain skilled workers.
Pennywise principal Jeff Glossop said the new service was a response to clients’ demands to find ways to keep employees amid intense competition for workers in the booming mining and gas industries.
“That is why many employers are looking to add financial planning to their employee benefits schemes as the basics of salary, holidays and study reimbursement are no longer enough,” Glossop said, adding the program had already been trialled.
Glossop noted the new service would be offered to all levels of staff, with the cost of financial advice being set accordingly.
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