Jonathan Watts-Lay, Director, WEALTH at work comments on the importance of saving for retirement.
He states, “Employees need to understand the importance of saving for retirement. According to a recent survey we conducted, 52% of employers believe auto enrolment will be greeted both ‘ positively & negatively’. Effective communication and financial education is required so that employees do not view auto enrolments as a pay cut. Instead, it should be seen as making essential provision to secure their long term financial well-being.”
Please read the full article on the Employee Benefits website for more details.
