More than 14,000 companies in the UK operate a Save As You Earn (SAYE) share plan, which offers employees a tax efficient way to invest in their company’s shares.
The FCA announced that more over 55s are accessing their pensions, and over half are cashing out their pension pots completely.
According to new research* from WEALTH at work of over 2,000 working adults with a defined contribution workplace pension, nearly half (49%) said they were unaware of what their pension is invested in.
More than one in five UK workers (22%) have had to borrow money from family and friends in the last year because of money worries, and a fifth have taken on debt (20%)
As announced in The Spring Budget, National Insurance (NI) is reducing from 10% to 8% from April 2024.
With the end of the tax year fast approaching, there is still time for individuals to take full advantage of their £20,000 ISA allowance.
With the end of the tax year fast approaching, there is still time to take full advantage of your £20,000 ISA allowance.
National Insurance (NI) is reducing from 12% to 10% from January 2024. WEALTH at work, a leading financial wellbeing and retirement specialist has run financial education workshops for staff in hundreds of organisations and is encouraging people to consider using this saving in National Insurance if they can, to increase their monthly pension contributions.
The current economic environment is causing disruption to the retirement plans of many.
It’s now more important than ever to commit to organising your financial affairs.
WEALTH at work, a leading financial wellbeing and retirement specialist, has run financial education workshops for staff in hundreds of organisations.