New rules at retirement mean employees need to look closely at what their pension provider is offering.

New rules at retirement mean employees need to look closely at what their pension provider is offering.

18th January 2021

New pension rules will come into force from the 1st February for those approaching retirement under FCA (Financial Conduct Authority) regulation. These new regulations are designed to protect consumers who do not take regulated financial advice as the FCA are concerned that consumers often make poor decisions such as converting their pension investments to cash, which over the average retirement would see a reduction in value in real terms as the return on the cash fails to keep pace with inflation.

New Year financial resolutions for uncertain times.

New Year financial resolutions for uncertain times.

7th January 2021

The New Year is a great time to take control of your finances. Unfortunately, the income of many households across the UK has been seriously impacted by the pandemic, with many people having been made redundant and others having to manage on a reduced income. This is having a direct effect on employee financial wellbeing.

Top 10 tips for employees retiring in 2021.

Top 10 tips for employees retiring in 2021.

6th January 2021

Retirement plans for 2021 have changed for many due to the pandemic. Whilst some have decided to put their retirement on hold due to their savings taking a hit because of Covid-19, others are deciding to retire early after being discouraged about finding employment again when faced with redundancy.

What Trustees need to do to protect members from pension scams.

What Trustees need to do to protect members from pension scams.

15th December 2020

Unfortunately scammers often see turbulent times like these, when people are concerned and vulnerable, as an opportunity.

Supporting employees with their retirement savings in uncertain times.

Supporting employees with their retirement savings in uncertain times.

8th December 2020

This year’s Employee Benefits Pensions Research 2020 is interesting, not least to see if employers have a different view as to the issues present due to COVID-19.

Employees need support to make the most of their redundancy pay.

Employees need support to make the most of their redundancy pay.

30th November 2020

It is an inevitable and unfortunate fact that more redundancies are likely. WEALTH at work have put together an overview of some of the key areas covered in its workplace redundancy seminars, to help employees understand some of the options available to them.

Are your employees facing a reduced household income?

Are your employees facing a reduced household income?

30th November 2020

WEALTH at work has outlined some ideas covered in their financial education online seminars on how employees can manage their finances should they be facing a reduced income through redundancy or a change in their salary or because their overall household income has fallen due to a partner suffering lost income.

Make your financial wellbeing strategy count in tough times.

Make your financial wellbeing strategy count in tough times.

30th November 2020

Covid-19 has brought on many money worries which has had a direct effect on employee financial wellbeing, with many feeling greater levels of anxiety.

5 things employees should consider before accessing their pension early.

5 things employees should consider before accessing their pension early.

24th November 2020

There are significant risks involved when taking money from a pension and there may be better options available, so it is crucial that employees understand the implications first.

WEALTH at work listed as one of the ‘1000 companies to Inspire Britain’ 2020.

WEALTH at work listed as one of the ‘1000 companies to Inspire Britain’ 2020.

18th November 2020

WEALTH at work has once again been acknowledged as one of the 1000 Companies to Inspire Britain by the London Stock Exchange Group.

Pension withdrawals rise during the pandemic: Do employees really understand their actions?

Pension withdrawals rise during the pandemic: Do employees really understand their actions?

9th November 2020

Pension withdrawals rise during the pandemic: Do employees really understand their actions?

University of Lincoln wins Best Financial Education Strategy award.

University of Lincoln wins Best Financial Education Strategy award.

3rd November 2020

University of Lincoln has been announced as the winner of the ‘Best Financial Education Strategy’ at the 2020 WSB Awards. The awards aim to recognise the employers which have the best benefits teams and offerings to staff and have done the most to improve these over the past 12 months.

Protecting employees’ redundancy pay from scams is crucial.

Protecting employees’ redundancy pay from scams is crucial.

27th October 2020

Given the many recent redundancies announced, it is inevitable that as coronavirus continues, more redundancies are still likely. Scammers often see turbulent times like these as an opportunity. Unfortunately, employees that receive a lump sum of money through redundancy pay can be particularly vulnerable to being targeted.

Employees may not realise how affordable retirement could be for them.

Employees may not realise how affordable retirement could be for them.

14th October 2020

Many employees are concerned about whether they can actually afford to retire without really realising that they may not need as much as they think.

What pension scheme members need to know to avoid being scammed.

What pension scheme members need to know to avoid being scammed.

14th October 2020

Unfortunately scammers often see turbulent times like these, when people are concerned and vulnerable, as an opportunity! In July, Action Fraud reported that victims of coronavirus-related scams had lost over £11million, with it previously stating that pension scams had been among the most common type of fraud during the crisis

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