Modern slavery statement

This statement is made on behalf of Wealth at Work Limited (WAWL) pursuant to Section 54 of the Modern Slavery Act 2015 (the “Act”) and sets out the steps taken to ensure slavery and human trafficking is not taking place within our business or supply chain.

In the interests of best practice, internal procedures and policies are implemented and followed by the Wealth at Work group of companies (“Group”) albeit the Act only strictly applies to WAWL.

We are committed to improving our practices to combat slavery and human trafficking.

WAWL provides financial education, guidance, and wealth management services in the UK with our head office located in Liverpool. Our ultimate parent company is Mercatus Topco Limited registered in Jersey. The average number of employees working for WAWL during 2024 was 356.

For year ending 31 December 2024 our turnover was £48.5 million.

We are a leading financial wellbeing and retirement specialist - helping those in the workplace to improve their financial future. Established in 2005, we work with many organisations across both the private and public sector by providing financial education and guidance. Education can be arranged on a bespoke basis and covers a full range of topics.

We work with many of the UK’s leading companies and pension schemes to help their employees and members understand their personal financial situation, whether this is saving for their future, or looking at how best to make the most of their income at the point of retirement.

Following education and guidance, we offer discretionary investment management and ancillary services.

We consider that, broadly speaking, our supply chain poses lower levels of risk in relation to slavery and human trafficking. It includes mainly UK based service providers operating in the financial services sector to support our internal functions relating to client servicing, marketing, IT, HR, finance and investment management. Examples would include hosting, software and mailing services, investment administration, dealing and custody services, pension administration and technology development.

During 2024 no modern slavery concerns were identified in our supply chain.

On-going steps include assessing procurement policies; ensuring the issue is raised in contract discussions; and highlighting any suppliers which may be considered as higher risk for discussion at board level.

We have implemented an anti-slavery and human trafficking policy which reflects our commitment to acting ethically and with integrity in all our business relationships.

We are committed to achieving a working environment which provides opportunity and freedom from unlawful discrimination. Our equality & diversity policy aims to remove unfair and discriminatory practices within the Group and to encourage full contribution from its diverse community. We will not tolerate bullying, discrimination, harassment or victimisation by or towards any of our employees, clients and any other individual with whom we may have communications, dealings or any other professional interactions.

Our whistleblowing policy is designed to deal with any concern raised in relation to issues which are in the public interest. We support all staff and encourage an open and transparent workplace where employees feel safe to report any concerns that they may have. Our policy provides information and guidance for staff on reporting any wrongdoing and we have provisions in place to comply with the Public Interest Disclosure Act 1998.

Our policies are available to all staff in the Group.

Training is available to all employees to ensure a high level of understanding of the risks of modern slavery and human trafficking in our business and ensure an awareness when conducting commercial transactions and communications.

This statement constitutes our slavery and human trafficking statement for the financial year ending 31 December 2024.