Ahead of MoneySmart Week, which runs from 2- 8 September, Mercer is calling on Australians to undertake a financial ‘health check,’ citing the week as a timely reminder for people to learn more about ways they can increase their savings and maximise superannuation balances.
Mercer joins more than 50 organisations from the business, government and community sectors in working together to plan and conduct the very first MoneySmart Week in 2012.
David Anderson, Mercer’s Managing Director for Australia & New Zealand, said Mercer is an advocate for financial literacy and encourages Australians to take part in the inaugural initiative.
“Helping Australians boost their financial literacy and build their wealth is core to what we do at Mercer,” Mr Anderson said. “Good money skills help individuals and families manage financial stress, work towards meeting their goals and assist in securing their financial wellbeing. This ultimately leads to a happier and healthier life.
“Yet while many Australians would like to improve their financial situation, they often don’t know how to get started,” he said.
MoneySmart Week is designed to raise awareness of the tools and support available, and show Australians of all ages they can take simple steps that make a big difference to their finances.
The week is the focal point for a range of activities around the nation, including:
- A call to action for all Australians to ‘check their money health’
- The provision of a free online Money Health Check tool
- A National Awards program to recognise good practice in financial literacy
- Promotion of existing money management programs, tools and resources
- A range of special activities and events in workplaces and the community.
“We are delighted to be an official supporter of MoneySmart Week and have gladly contributed people, ideas and resources to make the week a success. We congratulate the Financial Literacy Board and the MoneySmart Week team for taking a great idea through to fruition and we trust this will become an annual event on the nation’s calendar,” Mr Anderson said.
Jo-Anne Bloch, Mercer’s Financial Advice Business Leader, said the concept of a dedicated week was effective in promoting the rich array of education, information and advice that is available to Australians so they can get the help they need, when they need it.
She used Mercer Super Trust members as an example of people’s increased appetite for financial advice and related resources.
“Mercer assisted some 20,000 Mercer Super Trust members on the phone and in the workplace last year with simple financial advice which was well received and very beneficial,” Ms Bloch said.
Mercer will also support the week internally by running several financial seminars for its employees on topics such as financial advice, flexible salary packaging and insurance. Marsh & McLennan Companies, Mercer’s parent company, is hosting a lunch focused on women and money via its Women’s Network initiative.
For more information about the week and its events visit: www.moneysmartweek.org.au
Mercer is a global leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 55,000 employees worldwide and annual revenue exceeding $12 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. Follow Mercer on Twitter @MercerAU @MercerInsights