My Money Matters combines workplace financial education and coaching with products for saving, pay access and pension contributions. Eligible employees can access up to 50% of earned salary before payday through On-Demand Pay, capped at £850 per month, for £1.95 per transaction. Auto Savings moves a chosen amount from salary into a high-interest savings account each payday, with funds accessible when needed. Active LGPS members can use Shared Cost AVCs to top up pensions through salary sacrifice, saving on tax and National Insurance. The service also includes financial health checks, learning resources, live webinars, one-to-one coaching and Max, an AI assistant for money questions, resources and suggested next steps. It is built for public sector employers and available to employees whose employer partners with My Money Matters, including partner LGPS members and NHS employees. The employer service has no joining or monthly fee. Web, Android and iOS access are listed.
Who it is for
It is intended for public sector employers and their employees, including partner LGPS members and NHS employees. Employees can use the education, coaching and financial products only when their employer has partnered with the service.
What is good
- Includes one-to-one coaching and live webinars.
- On-Demand Pay offers access before payday.
- Auto Savings transfers a chosen salary amount.
- Employer service has no joining or monthly fee.
- Available on web, Android and iOS.
What to know first
- On-Demand Pay costs £1.95 per transaction.
- On-Demand Pay is capped at £850 monthly.
- Access depends on an employer partnership.
- The service does not provide financial advice.
Verdict
My Money Matters combines financial education and coaching with specific workplace financial products. Its availability depends on an employer partnership, and its information is general guidance rather than personal financial advice.
My Money Matters plans and pricing
All plansCompared on employee financial wellness software
- Free plan
- Yes
- Education content
- Yes
- Financial planning
- Yes
- Coaching access
- one_to_one
- Financial health tools
- Yes
- HRIS integrations
- Yes
- Available platforms
- both
