Retirement planning one of five goals in financial wellbeing strategy

A UK-wide strategy to transform people's financial wellbeing in a decade has been launched today by the Money and Pensions Service (MaPS)

Employees underestimate amount needed for pension pot

People are unaware how much they should contribute to their pensions and other long-term savings, according to research

Less than half of employers provide financial education

Businesses aren't doing enough around financial education in the workplace, meaning they could be missing out on opportunities to improve productivity, wellbeing and staff retention

Employees reluctant to discuss financial worries

Employers must tackle the stigma around talking about money concerns at work and create employee benefits packages that improve the financial wellbeing of the workforce

Help boost pensions, UK employers urged

Employers must offer workers more pensions education and support to help narrow savings gaps, according to research from Mercer

How to create a financial wellbeing strategy

Financial worries are a significant cause of workplace stress. So what should you be doing to help employees manage their money?

Sponsored
Sponsored by

Pensions dashboards FAQs

With pensions remaining a confusing landscape to navigate, here's the lowdown on the incoming pensions dashboards

Case study: Early wage access at Camden Town Brewery

After rapid growth Camden Town Brewery wanted to help out its dedicated and hardworking workforce. Some struggled with a monthly pay day, so an app was introduced to provide early access to wages

One in eight unsure if they have a workplace pension

As the FCA plans to clamp down on firms offering unsuitable advice on pension transfers, research reveals that many workers don't understand workplace pensions

Workers can't afford to get to work

Rising fuel costs are having a detrimental effect on financial wellbeing

Employees face many financial wellbeing barriers

A panel at the Delivering Financial Wellbeing in the Workplace: What Works? conference discussed the many challenges to implementing financial wellbeing at work

HR not confident on financial wellbeing

While noting a rise in financial wellbeing issues among employees, HR professionals don't feel confident about how to tackle this