The latest news is brought to you by WEALTH at work* – a leading provider of financial education in the workplace.
*a trading name of Wealth at Work Limited which is a member of the Wealth at Work group of companies.
In this current low interest rate environment it’s important to shop around for a saving account as the rates can vary. Before doing this it’s important to think about what you are actually saving for, as there are a variety of saving vehicles available to meet different objectives.
According to research by WEALTH at work, 80% of employers believe their employees are not saving enough for retirement.
With the new term approaching, WEALTH at work shares its top 10 tips for students who are looking to cut their costs and boost their savings.
The tax collected from individuals breaching the Lifetime Allowance (the amount of savings which can be built up in a pension and receive tax relief) has rocketed by £100m since it was introduced in 2006.
Jonathan Watts-Lay, Director, WEALTH at work, discusses with The Telegraph how individuals can make the most of tax breaks when taking income in retirement.
The Treasury Committee has called upon the Government to abolish the Lifetime ISA (LISA).
It has been reported that the Work and Pensions Secretary, Esther McVey, is planning to ditch the ‘pensions dashboard’, a tool to let savers see all their pension pots in one place.
The Pensions Policy Institute (PPI) has released its ‘Evolving retirement outcomes’ report.
WEALTH at work is calling for more to be done to protect employees and members from the risks around defined benefit (DB) pension transfers.
The government have announced that the implementation of the Pensions Cold Call ban will be delayed until autumn this year.