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

Enabling employees to retire healthy and happy at the University of Lincoln.

Enabling employees to retire healthy and happy at the University of Lincoln.

12th October 2020

Kath Sinclair, Corporate Relationship Manager from, WEALTH at work, joined Ian Hodson of the University of Lincoln at REBA’s Employee Wellbeing Congress to look at how the university enables its employees to retire healthy and happy.

Understanding retirement options.

Understanding retirement options.

6th October 2020

Jonathan Watts-Lay, Director, WEALTH at work, joined WSB in a webinar on Monday 14 September to discuss how employers can help their employees understand their retirement options.

Reaching out in a changing environment.

Reaching out in a changing environment.

1st October 2020

Around 9.6 million jobs, from 1.2 million different employers were furloughed in the UK as part of the government's job retention scheme.

Things to consider when redundancy results in retirement.

Things to consider when redundancy results in retirement.

1st October 2020

There have been many recent redundancy announcements and even with the new Job Support Scheme, it sadly seems inevitable that more will be announced over the coming months.

Protect pension members from knee jerk decisions.

Protect pension members from knee jerk decisions.

30th September 2020

The turbulent markets experienced due to Covid-19 are concerning for everyone but especially for members of defined contribution (DC) pension schemes who are looking to retire.

Do employees understand what they need to know about retiring in a crisis?

Do employees understand what they need to know about retiring in a crisis?

28th September 2020

WEALTH at work has outlined the answers to some key questions that they are asked at their redundancy and retirement seminars by employees planning to retire soon, and those who are facing unplanned early retirement.

Making the most of redundancy pay.

Making the most of redundancy pay.

22nd September 2020

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.

Employees need to understand how to make the most of their redundancy pay.

Employees need to understand how to make the most of their redundancy pay.

21st September 2020

The Government’s Coronavirus Job Retention Scheme comes to an end on 31 October 2020 in which a third of the UK workforce were furloughed. Given the global impact of the coronavirus crisis along with many recent redundancy announcements, it is an inevitable and an unfortunate fact that more redundancies are likely.

Trustees must step up and protect DB members considering a pension transfer.

Trustees must step up and protect DB members considering a pension transfer.

7th September 2020

The ban on contingent charging for defined benefit (DB) pension transfers, where financial advisers only get paid if a transfer goes ahead, will take effect from 1 October 2020.

Reaching out in a changing environment.

Reaching out in a changing environment.

4th September 2020

Around 9.6 million jobs, from 1.2 million different employers were furloughed in the UK as part of the government's job retention scheme. With much of the workforce financially affected by Covid-19, providing financial education and guidance has never been so important...

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