BrightPlan vs My Money Matters

BrightPlan is an employer-provided financial wellness platform that combines budgeting tools, goal tracking, personalized guidance, financial education, and access to certified financial planners. Its AI Coach tailors real-time guidance to a user’s goals and financial profile, while employees can also connect with planners for what BrightPlan describes as unlimited, in-country advisor support. BrightPlan Academy delivers localized, translated learning through short lessons, deeper explorations, and guided paths. The service connects with employer programs such as 401(k)s, HSAs, equity compensation, and insurance benefits, and can be offered through HR technology systems in a white-labeled or co-branded format. Employers get dashboards and customizable reports, alongside engagement support that includes guided programs, contests, event help, and a dedicated account manager. BrightPlan is available on web, iOS, and Android. Employees can use it when their employer provides access; some organizations also extend access to dependents and family members. Pricing is on request.

My Money Matters combines workplace financial education and coaching with products for saving, salary access, and pension contributions. Eligible employees can use On-Demand Pay to access up to 50% of earned salary before payday, capped at £850 per month, for £1.95 per transaction. Auto Savings transfers a chosen amount from salary into a high-interest savings account each payday, with funds accessible when needed. Active LGPS members can add to their pension through Shared Cost AVCs using salary sacrifice, saving on tax and National Insurance. The service includes financial health checks, learning resources, live webinars, one-to-one coaching, and Max, an AI assistant that answers money questions, directs users to resources, and suggests next steps. It is built for public sector employers and is available to employees whose employer partners with My Money Matters, including partner LGPS members and NHS employees. The employer service has no joining or monthly fee. The maker lists payroll integrations with IRIS Cascade, IRIS Staffology, Shape/Ciphr, and SAP; Workday, Oracle, and ADP are in progress. Apps are available for iOS and Android, while employees can also sign in through the web platform.