Employers focus on loans at expense of savings options
Six out of 10 employers are now providing salary advances or loans to workers when needed, yet only one in 10 actively encourages a savings culture according to new industry research. Howden...
Financial resilience
Nine out of 10 employers support Nest’s ‘sidecar’ approach
Three out of four employers say that workplace savings should encompass more than pensions, according to new research. This survey, by savings provider Smarterly, found that many employers want a ‘two-pronged’ approach...
Demand for workplace benefits that prioritise debt reduction
Eight out of 10 employees are concerned about rising living costs, with rising debts and insufficient savings adding to their problems, according to research from Thomsons Online Benefits. Their survey of...
Steve Watson: Why a Lifetime Isa should be an important part of any workplace savings scheme
There’s no doubt that the concept of retirement is changing; for many of us it won’t be the end our working lives, but just a change in working hours or even career....
Employers need to build financial resilience ‘across generations’
Towergate Health & Protection is calling for employers to do more to help build financial resilience in the workplace, and support workers struggling with debt. With the average household having an average of...
Howden launches workplace finance report
Howden Employee Benefits has launched a new ‘Workplace Finance’ report, looking at the different propositions available in this growing new market. The report looks in details at the solutions offered by the...
Mercer launches financial wellbeing platform
Mercer has launched a new financial dashboard and mobile app aimed at improving employees’ financial resilience. This digital platform — known as Mercer Money — uses open banking technology to allow clients’...
Expats struggle with mental health issues
The majority of expats have struggle with mental health issues while working and living overseas, according to new research. This survey — by Axa Global Healthcare to mark World Mental Health Day...
Ian McKenna: Route one to wellbeing
Wellness is increasingly becoming one of the key discussion points in the benefits market. That said, much of what intermediaries are deploying is in-person or paper-based solutions. I believe what is needed...
Broad support for robo-advisers in the workplace
Both employers and employees would consider using robo-investing options for workplace savings and investments Not surprisingly these computer-based investment systems are more popular among younger workers. More than eight out of 10...
Recommended Reading
-
Fifth of AE market to switch in next year – research
-
Workers massively overestimating state disability cover
-
Investment Association to promote human capital management
-
Time to untangle the new state pension
-
Institutional investors turn to active management and private equity
-
More 1984 than Brave New World: Alan Pickering on George Osborne’s reforms
