A recent Financial Wellbeing Report from Gallagher revealed that employees have been experiencing increased financial stress in the past year. Particular areas causing anxiety for employees were found to be retirement planning as well as closing the gender wealth gap. Establishing and adding to a strong financial future is always a goal of employees, but a turbulent economy has many worried about their finances.

• 77% are anxious about their financial situation
• 41% don't know if their savings will be sufficient for their needs
• 57% said a financial planner would be the best help for working toward retirement

Employees need help with retirement planning, and employers are looking for answers about how to evolve plan design to support the best interests of participants. Supporting employees in their financial health and retirement readiness can help reduce stress and also manage risk. Nine in ten employers offer at least one financial wellbeing program or resource to employees. Among the most popular are–

• 64% Pretax dependent care reimbursement accounts
• 53% Financial literacy and other educational opportunities
• 44% Personal financial coaching sessions

Related: 'America's retirement score' drops: Savers only have 78% of income needed