Financial coaching for employees
Financial coaching for employees is one-to-one time with a money coach on budgeting, saving, debt and goals, paid for by the employer, the employee or both. On a Buzz guidance scheme every employee gets a free 30-minute call with a coach. Further coaching costs £19 a month for a session every quarter, £49 a month for monthly sessions, or £39 per half-hour. Coaching is not regulated financial advice: a coach does not recommend pensions, investments, mortgages or insurance.
Figures checked 27 October 2026.
What happens in a session
Review the plan
The employee's goals and the actions agreed last time.
Progress
What has moved since the last session.
What got in the way
Time, a missing piece of paperwork, or a conversation at home that has not happened yet.
Agreed actions
One to three next steps, each with a deadline.
Advice check
If a decision needs a regulated recommendation, the coach says so and the employee can choose an adviser.
What employees bring to a coach
Payslips and tax codes
Reading a payslip, checking a tax code and what changes when pay rises.
A budget that holds
Spending sorted into committed, living, lifestyle and saving from their own bank data.
Debt
A repayment order the employee chooses. Anyone in financial difficulty is pointed to free debt advice first. Free debt help
An emergency fund
A figure in months of spending and a monthly amount to reach it.
Pensions
What their pensions hold and what they are likely to pay. Product choices go to a regulated adviser.
Life changes
A baby, a separation, caring for a parent, or cutting hours.
Who pays
| Option | Employer pays | Employee pays | Tax on the employee |
|---|---|---|---|
| Guidance tier for all staff | £1 per employee a month, £99 minimum | Nothing | See the taxable benefits guide |
| Money Road Map | £299 per employee, or split | £299, or split | None if the employee pays from net pay |
| Ongoing coaching | Optional | £19 or £49 a month, or £39 a session | None if the employee pays from net pay |
What the employer sees
Each quarter you receive the number of employees signed up, the sessions held and the topics raised. What an employee tells their coach, and any bank data they connect, stays with Buzz under its privacy policy.
Money coaching is not regulated by the Financial Conduct Authority, as Which? notes in its guide to money coaching. The difference between a coach, a planner and a regulated adviser is set out in coach, planner or adviser.
Common questions
How long is a session?
The free starter call is 30 minutes. Pay-as-you-go sessions are 30 minutes for £39 or an hour for £59. Quarterly and monthly coaching sessions are booked by the employee.
Are sessions online?
Yes, by video call, with WhatsApp questions between sessions on quarterly coaching.
Can a coach help with debt?
A coach can help an employee build a budget and choose the order they repay debts. An employee in financial difficulty is pointed to StepChange or National Debtline first, which are free and can deal with creditors. Free debt help
Who are the coaches?
Andy Jackson and Peter Allen, who founded Buzz, and the Buzz coaching team. Neither Andy nor Peter is a regulated financial adviser.
Is this financial advice?
No. Coaching and planning show you where you stand, model your decisions and hold you to the actions you agree. Neither recommends a pension, fund, mortgage or insurance policy, and Buzz Accounting Ltd is not authorised to.
When a decision needs a regulated recommendation, we say so and can introduce you to Buzz Financial Services, a separate FCA-regulated firm. If you become its client it pays us a commission. We tell you before the introduction, and it is optional.
Related guides
Guides for employers
- Financial wellbeing cost per employee in the UK
- Employee financial wellbeing for small businesses
- Is employer-paid financial coaching a taxable benefit?
- The £500 pensions advice exemption for employers
- What the 2029 salary sacrifice cap costs employers
- Employee financial wellbeing survey questions
- Automatic enrolment duties for small employers
- Earned wage access and salary advances for employees
- Supporting employees through life changes
- How to set up a financial wellbeing programme
- Financial wellbeing policy template
- Financial wellbeing providers' prices compared
- Salary sacrifice calculator
- Benefit or pay rise calculator