Two of Australia’s most experienced financial education experts have joined forces to help thousands of Australians learn about money.
Money101 founder, Catherine Birchall, said “Industry veteran Theresa Mills had joined the company as CEO and would lead the introduction of a new Financial Wellbeing program into Australian workplaces. Theresa has significant Financial Services expertise & experience and we are delighted that she will lead the continued expansion of Money 101”
The launch of Money 101’s Financial Wellbeing program follows two years of intensive research & digital development, building on the success of the company’s 15-year history in delivering jargon-free financial education to Banks, Superannuation Funds, Government agencies and Corporates.
Ms Mills said Money101 was a recognised Industry leader in the production of engaging digital content and facilitating Financial Wellbeing in the workplace was a logical expansion.
“People with money worries and poor financial literacy can benefit hugely from our Financial Wellbeing program,” she said.
“Those benefits flow through to employers, with research showing financially fit staff are healthier, happier and more productive. We are already experiencing early demand for the Money 101 solution from large employer groups”
“The 110 contemporary modules which make up our Financial Wellbeing program include engaging best-practice content which we know works,” Ms Mills said. “We know and understand financial literacy competencies as well as the technical, legal and compliance aspects of financial education provision.”
Ms Mills said the findings of the Financial Services Royal Commission confirmed that consumer protection legislation alone can’t produce the best outcomes for consumers.
” There is an alarming lack of financial capability nationally,” Ms Mills said
“We know that people want and need to understand much more about money and we are excited to be expanding our reach through our existing and new Partnerships”
Catherine Birchall is a founding director at Money101. She pioneered the development of digital financial literacy content, and has built Money101 into Australia’s leading provider of trusted financial education programs.
Theresa Mills has a 30-year financial services commercial background which includes C-Suite and Board positions, with expertise in ethics, governance, transformation and growth (including with ASIC and APRA related enterprises). Theresa is on the Australian Government’s Financial Literacy Board.
Most recently she was Executive General Manager of Guild Trustee Services, leading the fund’s growth from $450 million to over $1.3 billion.
A key focus of Theresa’s role was to develop strategies to improve the financial literacy of the fund’s 75,000 members, and empower them, through engagement & education, to maximise their wealth and financial independence.