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bank of america, health

As workers try to make ends meet, onus on employers to enhance financial wellness programs

By Guest Columnist JIM WALLACE, an Atlanta-based managing director of Global Corporate & Institutional Advisory Services for Bank of America Merrill Lynch

A study released in August examines how both employers and employees feel about financial wellness, their expectations of one another and the resources employees want to be made available to them in the workplace.

Findings from the study reveal the growing importance of workplace financial wellness programs, and the findings point to the value of personalized advice and planning as key to improving participation and employees’ financial wellness.