Jonathan Watts-Lay, Director, WEALTH at work, comments: “Employees have a lot of decisions to make when it comes to generating their retirement income. Financial education is a crucial component in helping them understand the maze of options now available and the advantages and disadvantages of those options.
It’s also important that employees understand the benefits of receiving financial advice. This will provide a solution tailored to individual needs, not only at the point of retirement but throughout retirement to take account of changing circumstances through what could be 25 years or more in retirement.”
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