WEALTH at work, a leading provider of financial education, guidance and advice in the workplace is calling for more to be done to protect defined benefit members from the risks around pension transfers.
The glittering prize of retirement often seems too far ahead to warrant consideration. But if you are to make the most of your hard-earned savings and pension, you need to start planning a long time before you crack open the bubbly.
Jonathan Watts-Lay, Director, WEALTH at work, a leading provider of financial education, guidance and advice in the workplace, answers some of the questions that individuals may be thinking about as they approach retirement.
Jonathan Watts-Lay, Director, WEALTH at work discusses with The Times, the impact of auto-enrolment (AE) on individuals and what employers can do to support employees with their pension savings.
Individuals are being warned to ignore vulture advisers hoping for rich pickings from employees looking to transfer their defined benefit (also known as final salary) pension scheme, especially in light of ‘high’ reported transfer values.
The New Year is the perfect time to take stock of your finances, particularly if you’re approaching retirement.
HR Grapevine, asks Jonathan Watts-Lay, Director, WEALTH at work about the steps employers could take to help their staff cope with the increased cost of rail tickets.
From 2019, the State Pension age will start to increase for both men and women to reach 66 by 2020.
Philip Hammond has delivered his first Budget as Chancellor with no major announcements or surprises.
From April 2017, the new Pension Advice Allowance will allow individuals to withdraw £1,500 tax-fee from their pensions, to help them pay for the cost of regulated financial advice for their retirement.