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Younger employees engaging with retirement planning
17th April 2013
Jonathan Watts-Lay, Director, WEALTH at work comments in Employee Benefits on how younger employees are becoming more engaged with their retirement planning. Watts-Lay comments “These statistics are extremely interesting and refreshing – I expect that many younger employees may have different savings priorities, so it is great news to learn that more of the ‘ostrich generation’ are planning to save for their retirement. I also agree that more needs to be done to help employees save for their retirement. Learning why and how to save for the future should be very important to all employees, and the key to understanding this importance is to provide financial education in the workplace. Financial education can help employees to understand how to set and achieve financial goals through active money management; and can also be used to help employees to understand their company’s benefits programme and how it can maximise the total value of an employee’s wealth, which is essential, especially in the current economic climate.”
Please see Employee Benefits to learn more.
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