Most women lack financial confidence in retirement planning, research reveals
Research from LV= found that over half (52%) of women in the UK had never held an investment product, compared to a third (34%) of men.
Most workers delay retirement saving for short-term goals – Fidelity International
Younger workers aged 18 to 34 were mainly focused on buying a home or covering daily expenses, with only 15% thinking about retirement.
Sodexo offers free mortgage advice to boost employee financial wellbeing
The service is aimed at supporting employees’ financial wellbeing and making it easier for staff to get help when buying their first home.
Good Things Foundation and People’s Partnership join forces to boost digital and financial skills
Nicola Sinclair said: “We passionately believe that everyone deserves access to tools and knowledge to enable them to plan for their future.”
Retirement confidence lowest among Brits in their 50s – Aegon
Only 33% of people aged 50 to 59 said they felt confident about retiring comfortably, the lowest of any age group.
Marsden Building Society launches ‘Workplace Savings Scheme’
The scheme is only open to employees at businesses with 50 or more staff, with Marsden offering interest rates of up to 3.00% p.a./AER variable.
Millions of adults rely on ‘guesswork’ for retirement planning – Standard Life
One in six (16%) said they relied on guesswork or gut instinct to work out how much money they would need for a secure retirement.
Money worries affect job performance for over a quarter of Scottish workers – CIPD
Workers pointed to lost sleep, poor concentration, and difficulty making decisions at work as some of the ways money worries affected their job performance.
Working from home could boost pension pots by over £250,000, Standard Life analysis shows
Employees who redirect commuting savings into their pensions could increase their retirement fund by up to £266,000.
One in 10 UK adults have no savings – FCA
The survey found a third of adults with a DC pension had less than £10,000 saved, while 12% did not know how much they had in their pension pot.
Most pension savers lack support on retirement choices, says TPR
TPR said the report should start a wider conversation about how the industry can help deliver better outcomes for savers.
Benefits Guru reveals ‘standalone open finance ratings’ for workplace pension providers
Aviva, Intelliflo, Mercer, Scottish Widows and Standard Life received gold ratings, while True Potential received silver.
