Jonathan Watts-Lay, Director, WEALTH at work comments in the Scotsman with regards to retirement.
'Auto enrolment may not provide sufficient income in retirement for employees. However, for many this will be a good start in developing a savings habit. Auto enrolment should not simply be viewed as government regulation, it is designed to help employees secure their long term financial well – being and it is essential that employees receive suitable financial education and guidance in the workplace to understand what can be achieved so that individuals can make informed decisions. Having developed a savings habit, employees can focus on precise income requirements in retirement and save accordingly'.
Please read the article on The Scotsman website.
