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The latest news is brought to you by WEALTH at work, a leading financial wellbeing and retirement specialist. WEALTH at work and my wealth are trading names of Wealth at Work Limited which is a member of the Wealth at Work group.
Common financial scams to be aware of.
21st October 2024
Scams Awareness Week will be taking place between 21-27 October 2024. Research from WEALTH at work found that 12% of UK adults have admitted to losing money to a financial scam in the last year.
New research highlights how financial wellbeing strategy is shifting to meet workforce demands.
25th September 2024
New research launched today amongst 236 companies representing 1.3 million employees has uncovered insightful findings on current financial wellbeing provision, as well as foresight into future trends.
Five steps to build financial resilience.
11th September 2024
Between the 9th and 15th of September is UK Savings Week. In the current environment, it has become difficult for a lot of people to save as much as they would like, in fact, our research of over 2,000 workers found that the biggest financial concerns for the year include not having enough savings for unexpected costs (40%) and not being able to save enough for the future (38%).
It is crucial people understand how to make the most of their pension savings for later life.
6th September 2024
In the last year, more than one in five UK employees (22%) have had to borrow money from family and friends because of money worries, and a fifth have taken on debt (20%).
Top 10 money tips for graduates and school leavers starting work.
27th August 2024
WEALTH at work, a leading financial wellbeing and retirement specialist runs financial education seminars for graduates and those early on in their career for some of the UKs leading companies, to provide guidance on managing their money and explain the many workplace benefits on offer.
Key areas to consider for those facing redundancy.
13th August 2024
According to CIPDs Labour Market Outlook, 21% of employers are planning to make redundancies in the three months to September 2024.
Will the planned defaults for those retiring be in their best interest?
17th July 2024
As a result of the new Pensions Bill, announced in the King’s speech, it will be interesting to hear more of the plans for trust-based schemes to be legally required to offer retirement income solutions to members, including default investment options.
40% concerned about not having enough savings for unexpected costs
16th July 2024
According to WEALTH at work’s latest research of over 2,000 workers, the biggest financial concerns for the year include not having enough savings for unexpected costs (40%), not being able to save enough for the future (38%),
Increasing number of workers fear they will never be able to afford to retire.
20th June 2024
The number of people in full-time employment who believe they will never be able to afford to retire because of the impact of the rising cost of living is on the rise, with two fifths (39%) of workers claiming they will never be able to afford to stop working, up from one in three (33%) twelve months ago.