Nottingham Building Society is giving all its 540 staff working at its 31 branches access to one-to-one Financial Planning advice this week to coincide with UK Savings Week which runs until 28 September.

The advice is being provided by Octopus Money.

The initiative is designed to help employees make “real progress” on their financial goals.

There will be confidential coaching and advice alongside practical planning tools, the society says.

The Nottingham says the move comes as new research it carried out has highlighted the money concerns that millions share.

Its survey found that that almost three in four UK adults (72%) - the equivalent of 39m people - admit they are losing sleep over money worries.

A third of people (33%) worry that they are using up too much of their savings to cover rising living costs and 18% are concerned about how much inflation – now sitting at 3.8% - is eroding their savings.

Lisa Winnard, chief people officer at Nottingham Building Society, said: “This UK Savings Week we want to shine a light on the importance of Financial Planning. Our people are ambitious about their futures - whether that’s buying a first home, saving for children, or preparing for retirement.

“We believe supporting our people to feel confident and in control of their finances is just as important as helping our members. By giving colleagues access to personalised financial coaching, we’re investing in their wellbeing today while helping them build stronger futures.”

Ruth Handcock, CEO of Octopus Money, said: “What Nottingham Building Society is doing is powerful: by helping its own people first, it’s creating a ripple effect that supports financial resilience not just inside the business, but in the communities it serves.”

Tom Bestwick, 32, a Nottingham Building Society employee in Derby, said he had signed up straight away when he heard about the new benefit.

He said: “We don’t get taught about money in schools, by the time you’re 15 or 16 you don’t know anything about managing money, you just try to learn it as you go. I don’t consider myself to be in a bad situation, but I wanted to find out how I could make my money work harder.

"I’ve always had goals for my money - like building a strong savings buffer for my family - but I wasn’t sure of the most efficient way to get there. Having a coach gives me that extra layer of expertise and accountability to make it happen.”

Mr Bestwick said he was using the Financial Planning service to achieve long-term financial resilience and security for his young family.

Octopus Money’s partnership with Nottingham Building Society comes as more employers introduce money coaching as a core workplace benefit, according to Octopus. Its service is now available to 200,000 employees, including staff at Experian, BNP Paribas, Blick Rothenberg and Money Supermarket.