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3,379 Results found for “retirement”

Help members achieve better outcomes at-retirement

This summer, we hosted the ‘help members achieve better outcomes at-retirement’ event at The Shard to discuss how leading employers and Trustees tackle the issues members face at-retirement. The session was hosted by Jonathan Watts-Lay, Director, WEALTH at work and included other key industry professionals including Lesley Sutherland, Group Pensions Manager at Experian, Gareth Tancred, […]

The role of financial education in helping INEOS’ employees face the challenges at-retirement

In recognition of the many complex financial decisions that employees face at-retirement, INEOS – one of the world’s largest chemical producers, recently rolled out a financial education programme for employees approaching retirement, with the help of specialist workplace financial education and guidance provider, WEALTH at work. Daniel Moore, Group Pensions Manager, INEOS, discusses the background behind […]

Overcoming the risks at-retirement: INEOS’ experience

There is no doubt that freedom and choice in pensions has increased the risks and complexity for all; however retirement income can be optimised if good decisions are made. INEOS recently joined WEALTH at work to discuss the background behind this and the steps it’s taken to help their employees become financially secure in the […]

5 ways to help employees facing retirement

By Jonathan Watts-Lay, Director at WEALTH at work In the new world of freedom and choice in pensions, one of the most fundamental elements of employee financial wellbeing is retirement preparation. As many employees will turn to their workplace for support at this stage of their life, we have listed 5 ways employers can help […]

Jonathan Watts-Lay: Five ways to help employees facing retirement

In the new world of freedom and choice in pensions, one of the fundamental elements of employee financial wellbeing is retirement preparation. Many employees will turn to their workplace for support at this stage of their life, so Wealth at Work has listed five ways employers can help staff who are facing retirement. First, encourage […]

Default pathways at-retirement could lead to many pension scheme members losing out

Some in the pensions industry believe that default retirement pathways protect individuals from making poor decumulation choices and the FCA has recently announced a consultation on how to implement default investment pathways for non-advised individuals entering drawdown. Jonathan Watts-Lay, Director, WEALTH at work, comments: “I don’t believe that anyone should be defaulted at-retirement without receiving […]

FCA to consult on protecting retirement income when accessing pension freedoms

The Financial Conduct Authority (FCA) yesterday (28 January 2019) launched a consultation on proposed measures designed to protect retirement income when individuals access pension freedoms. The consultation, which will be collecting feedback from stakeholders until 5 April 2019, proposes that pension scheme members who do not take financial advice should be offered a selection of […]

EXCLUSIVE: Only two-fifths of employers offer at-retirement support

EXCLUSIVE: Only around two-fifths (39%) of employers offer at-retirement support, according to research conducted by Employee Benefits and Barnett Waddingham. The Employee Benefits/Barnett Waddingham pensions research 2018, which gathered 246 responses and was published in December 2018, found that this is consistent with previous years, as 40% of respondents provided this support in 2017, 46% […]

EXCLUSIVE: 57% of employers support staff at retirement using online modelling tools

EXCLUSIVE: When it comes to methods of providing at-retirement support, financial education and awareness campaigns have seen huge leaps in popularity since 2017, according to research by Employee Benefits and Barnett Waddingham. The Employee Benefits/Barnett Waddingham pensions research 2018, which canvassed the views of 246 respondents and was published in December 2018, found that 57% of employers […]

EXCLUSIVE: Two-fifths expect internal HR teams to provide at-retirement support

EXCLUSIVE: The largest proportion of employers (40%) place the responsibility for providing at-retirement support at their HR, benefits, reward and learning and development teams, according to research by Employee Benefits and Barnett Waddingham. However, the Employee Benefits/Barnett Waddingham pensions research 2018, which gathered 246 responses and was published in December 2018, found that despite this, […]

Two-fifths of younger workers are putting off saving for retirement

More than two-fifths (44%) of workers aged between 25 and 34 admit to putting off saving for or investing in long-term prospects such as retirement, according to research by investment management organisation Blackrock. In July 2018, the organisation’s annual DC pulse survey polled 1,000 UK working adults aged between 25 and 69 with at least one […]