Issue link: https://maltatoday.uberflip.com/i/1369939
maltatoday | SUNDAY • 9 MAY 2021 19 COMMERCIAL Financial well-being promoted by MeDirect Bank Malta FINANCIAL well-being is about feeling a sense of securi- ty, as though you have enough money to meet your needs. It is about being in control of your day-to-day finances and having the financial freedom to make choices that allow you to enjoy life. MeDirect Bank is organising the second medirectalk invest- ment webinar for 2021 with the theme being "What Is Financial Well Being? - The Morningstar view". The event will provide an expert overview of how fo- cusing on financial well-being lets you assert your own path to financial security. The webinar which is set to take place on 13th May at 6pm, shall explore how financial well-being has a direct corre- lation with a person's general well-being and how one ac- tually enjoys their wealth. Dr. Sarah Newcomb, Director of Behavioural Science at Morn- ingstar, who will be the main speaker of the talk, published a paper titled "When More is Less; Rethinking Financial Health". An interesting quote from this paper states the fol- lowing: "There are the clients who fear not having enough, despite every indication to the contra- ry. There are those so fearful of making a wrong choice that they refuse to make any, leav- ing their wealth to slowly erode in cash accounts. Other clients, in contrast, spend too freely, choosing blissful ignorance about the damage to their bot- tom line." Dr. Newcomb will define fi- nancial health as the combi- nation of economic stability and emotional well-being with respect to one's finances. She will speak about four mental factors associated with finan- cial well-being, and how they can impact one's financial and emotional bottom line. Partic- ipants will learn how to assess themselves in these four are- as, following which they will be invited to ask questions to the speaker. Dr. Newcomb's 's work has earned mentions in the New York Times, Wall Street Journal, and USA Today among other major publica- tions. She has blogged for In- vestment News and Psychology Today, and is author of Loaded: Money, psychology and how to get ahead without leaving your values behind (Wiley, 2016). Morningstar Inc. is a lead- ing provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual in- vestors, financial advisors, as- set managers, retirement plan providers and sponsors, and in- stitutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed com- panies, private capital markets, debt securities, and real-time global market data. They also offer investment management services through their invest- ment advisory subsidiaries, with over $240 billion in assets under advisement and manage- ment. Registrations are open for this event through https:// www.medirect.com.mt/invest/ medirectalk. Participants are also encouraged to send in their questions on the subject ahead of the event, on registra- tions@medirect.com.mt. Atlas Insurance underlines the benefits of corporate wellness ATLAS Insurance underlined the various benefits of Corpo- rate Wellness during a webinar which was organised in collabo- ration with the Health and Well- ness Committee of the Malta Chamber on 6 May. The event, which was ad- dressed by leading profession- als in the field, was chaired by Catherine Calleja, Managing Director at Atlas Healthcare and Chair of the Health and Wellness Committee. The aim of the programme was to show that wellness has a measurable effect on engagement and pro- ductivity at work. Cathy Peric, a psychothera- pist with a focus on resilience, focused on particular aspects of wellness and how they have been shown to improve work performance and create a safe place for employees to flourish. Kerry Paterson, from ICAS In- ternational followed up with a very practical demonstration on how to set up a successful wellness programme at work and measure results. The final speaker was Ian Pisani, Direc- tor of J&C Pisani and a mem- ber of the Health and Wellness Committee who focused on the particular wellness challenges in a family business environ- ment and mitigation strategies to thrive in the family business paradigm. Concluding the webinar, Catherine Calleja said "We tru- ly believe that employee well- ness has a direct contribution to the success of any venture and as such should be a priori- ty for any employer or leader." She noted how Atlas Health- care had partnered with ICAS International, which provides unlimited telephone access to psychologists for employees and their families, as well as lo- cal face to face counselling, le- gal and financial helplines and support for HR and line man- agers. Atlas Healthcare Insurance Agency Ltd is authorised under the Insurance Distribution Act to act as Enrolled Insurance Agents for Atlas Insurance PCC Limited for general insur- ance business. Both entities are regulated by the MFSA. A Screen capture from the webinar "The Benefits of Corporate Wellness", which was supported by Atlas Insurance