Financial Wellbeing
Financial wellbeing is more important to people than ever before. Not only about the cost of living right now, but how to develop a good financial platform for the future. Pensions are an important part of your financial wellbeing – and are often neglected by employees. According to recent data, 4 in 10 working-age individuals are not on track to meet their target for adequate income in retirement; and 50% of workers in the private sector only save around the minimum contribution level.
While the pensions opt-in has created a new nation of people with private pensions, this is just part of the solution. How employers help and encourage people to grow their pensions and savings pot is critical – for their future and their wellbeing. We have helped a number of organisations to engage colleagues around pensions and benefits. Take a look: https://products.106comms.com/pensions