Supplier Articles (42)
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Supplier articleTips to help employees navigate festive financial pressures
“Managing money during the festive season can be challenging, but careful planning could make it possible to enjoy the holidays without getting into debt.” says Jonathan Watts Lay, Director, WEALTH at work. HR leaders play a crucial role in supporting employees’ financial wellbeing - especially during high-spend ...
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Supplier articleBudget 2025: What your employees need to know
ISA reform From 6 April 2027 the annual ISA cash limit will be set at £12,000, within the overall annual ISA limit of £20,000. Annual subscription limits will remain at £20,000 for ISAs, £4,000 for Lifetime ISAs and £9,000 for Junior ISAs and Child Trust Funds until ...
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Supplier articleWEALTH at work launches new digital Pension Consolidation service to help employees take control of their retirement savings
WEALTH at work - a leading financial wellbeing, retirement and workplace savings specialist, is pleased to announce the launch of its new digital Pension Consolidation service – designed to strengthen its existing offering in this area and help employers to support their workforce to take control of ...
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Supplier articleHelp employees and members avoid losing their pension to scams
WEALTH at work is urging employers and pension Trustees to take proactive steps to help individuals protect their retirement savings Figures from Action Fraud highlights the scale of the issue. In 2024 there were 519 reports of pension fraud in total and £17,567,249 lost, with an average ...
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Supplier articleEmpowering employees to stay scam aware
According to UK Finance annual fraud report[1] there were 3.13 million confirmed cases of unauthorised fraud reported in 2024 (up 14% compared to 2023) and losses totaled £722 million in 2024 (up 2%). WEALTH at work’s research in 2024[2] uncovered some of the most common scams ...
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Supplier article£31.1 Billion in Lost Pensions · Guidance for Employees on Tracking and Consolidation
The issue of lost pensions in the UK is escalating rapidly. Research[1] reveals that the total value of unclaimed pension pots has surged from £19.4 billion in 2018 to £31.1 billion in 2024. Currently, there are 3.3 million pension pots classified as lost. This growing problem could ...
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Supplier articleEmployers urged to prepare staff for upcoming changes to Inheritance Tax on pensions that could trigger an 87% tax charge
Employers are being urged to prepare for and proactively support employees with significant changes to the way pensions are to be treated under Inheritance Tax (IHT). Currently, when someone dies, the first £325,000 of their estate is tax-free under the Nil Rate Band (NRB). If they leave ...
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Supplier articleA new era for pensions: legislative and regulatory shifts
The UK pensions landscape is entering a period of major reform, with new legislation and regulatory initiatives aimed at improving outcomes for savers. Earlier this year, the government announced its Pension Schemes Bill which is currently progressing through the legislative process. The bill aims to tackle underperforming ...
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Supplier articleTips to help employees build their financial resilience
Between the 22nd and 28th of September is UK Savings Week. However, in the current environment, it has become difficult for a lot of people to save as much as they would like. In fact, a survey[1] of working adults by WEALTH at work found that the ...
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Supplier articleThe future of financial wellbeing provision
New research[1] launched today amongst 223 companies representing 1.3 million employees has revealed that more than half of employers (51%) plan to make changes to their financial wellbeing offerings in the next two years. The report from the Reward & Employee Benefits Association (REBA) in association with ...
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Supplier articleHow to empower employees to engage with their pension
43% working-age people (equivalent to 14.6 million) are under-saving for retirement, according to a recent report by the Department for Work and Pensions. In addition, research from WEALTH at work found that in the last year, almost a quarter of UK employees (23%) have had to borrow ...
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Supplier articleTop 10 money tips for those entering the workplace
For those entering the workplace for the first time managing their finances can feel like an overwhelming task. WEALTH at work shares the top 10 money tips that graduates and young people starting full-time work will need to know. 1. Make sense of payslips – For those ...
