We work with employers across London to support financial well-being in the workplace by making it easy for their employees to save regularly and to borrow responsibly.
London Mutual was founded by Southwark Council employees in 1982, and now serve over 30,000 members across Lambeth, Southwark, Camden and Westminster.
As a financial co-operative, we are owned by our members, with all profits reinvested in our services or returned to members.
Current partners include
- Southwark, Lambeth and Camden Councils
- Ministry of Defence
(all UK service personnel)
- Greater London Authority (GLA)
- Houses of Parliament (IPSA)
- Guy’s and St Thomas’ NHS Foundation Trust
- Royal Free London NHS Foundation Trust
- London Ambulance Service
- King’s College Hospital
- Peabody Trust
- Lambeth College
- Royal Household (Clarence House)
Why financial wellbeing matters
Economic conditions over the past decade mean that more of us than ever are feeling the financial strain. For employers, the challenge is clear. There is a clear link between financial well-being and employee productivity and retention.
of employees 'regularly' lose sleep over money worries.
of working age adults with no savings at all.
of employees 'somewhat' or 'very' stressed by their financial situation.
of younger employees say the cost of living affects their mental health.
If you are interested in how we can work together, or would like to know more, let’s grab a coffee.
Head of Business Development
4 Heaton Rd,
Peckham, SE15 3TH
020 7358 5702