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Guidance questions leave employers wavering on workplace education
15th January 2015
Jonathan Watts-Lay, Director, WEALTH at work, has spoken to Pensions Expert in regards to the ‘overwhelming’ enquiries from employers concerned their staff will not be fully prepared for retirement.
Jonathan Watts-Lay said: “The one good thing about the guidance guarantee is that it’s acted as a catalyst for companies to say, ‘Hold on a minute, we’ve never really got our financial education programme off the ground – we’re not really sure the guidance guarantee is going to do it, but it has made us think we should be doing it ourselves as an employer.”
Jonathan Watts-Lay added members could be left “in limbo” by the guidance, as many conversations will end with the member having to go back to their employer to get further information.
To read the full article from Pensions Expert please click here.
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