We know saving more for retirement is needed, especially for younger age groups which can be a challenge when mortgages, rent and bills are all still high. We also know that a lot of people may simply cash in pension pots at age 55 without understanding how that affects their tax bill or retirement outcome. Therefore, it’s now more important than ever to engage people with their finances, particularly their pensions!
WEALTH at work will share their latest research, explore the challenges members are facing, why they may not be as engaged with their pension savings as they should be and how we can help members achieve better outcomes at retirement.