- As employees look for more financial planning support, Anorak and Octopus MoneyCoach partner up to help people make the best financial decisions for them.
- Anorak is an award-winning independent online broker for life insurance, income protection and critical illness cover.
- Octopus MoneyCoach gives employees access to their own money coach, to ensure they get the most from their finances.
Octopus MoneyCoach, the financial coaching provider, partners with Anorak, the online broker for life insurance, income protection and critical illness cover, to help employees make the right financial decisions for their futures with the help of specialist money coaches and planning technology.
Over the pandemic, two thirds of employees were left feeling financially lost or lacking support from their companies. After seeing a record number of younger earners investigating income protection and life insurance to counteract the financial instability of the last 18 months, this partnership will help more employees access the financial information they need.
Anorak’s mission is to make life insurance, income protection and critical illness more accessible to the people who need them, by providing the information people need instantly. Working together with Octopus MoneyCoach – a service enabling employees to access face-to-face, impartial financial coaching – these two companies will bring the benefits of financial security and comprehensive planning to UK employees.
Octopus MoneyCoach works with household names like Experian, Sony Interactive Entertainment, MoneySuperMarket and Secret Escapes. With Anorak’s help, this partnership ensures hundreds of thousands more UK workers have better access to tailored information on protection products.
David Vanek, CEO and co-founder of Anorak comments: “We’re really excited about this partnership – Octopus MoneyCoach are fellow champions of making impartial, personalised financial information as accessible as possible. There’s a growing trend in companies providing more ways for their employees to access advice on income protection, life insurance and critical illness cover, as many workers felt unsupported over the pandemic. We’re thrilled to be a part of this change, with Octopus MoneyCoach having full access to the specialist tools of our platform, to help more people get the right kind of financial cover in place for them.”
Adam Price, CEO and founder of Octopus MoneyCoach comments: “We work closely with our clients, helping them to manage their money, so they can achieve their hopes and dreams for the future. It’s equally important that we help them plan for the worst, so their dreams for their dependents can remain achievable, no matter what happens. This partnership allows us to take that support to a whole new level.”