People today are likely to live longer than the generations that went before them, they have greater freedom at which age they choose to retire or take their pension and they face an increasing complex range of goods and services that are available to them.
Dennis Gissing, Head of the Diversity Practice at BT comments, “Recent changes in legislation and in our own pension schemes make it even more important for BT people to fully understand their own situation and begin to develop a strategy and to plan for their future.To me, it is the job of an employer to make sure employees know what is available when it comes to pensions and to try and help them feel secure and ready for their retirement”.
BT started a Planning for Retirement Course in 2010 run by
WEALTH at work. It was set up to help employees make informed decisions about
their retirement and all the related financial issues that come with it.
Read the full article on the
HR
Magazine website.
