Most of us feel our way through life. Pensions people count their way. I think this accurately reflects the fracture between most people saving for their old age and the blind spot which looms when engaging with the industry who can deliver that ambition.
Barnett Waddingham recently launched its UK Workplace Wellbeing Index survey looking at Corporate attitudes to 'Wellbeing'. A few weeks beforehand we launched Generation Why about how people look at their financial priorities.
Our Head of Workplace Health and Wealth Damian Stancombe discussed the enormous responsibility faced by trustees of defined contribution schemes - a job that often goes unappreciated. The decisions they make now will help determine the quality of retirement their members will have. Damian explores how research and engagement on short to medium term financial issues has got to be the starting point on that journey.
Wellbeing isn’t a new concept; in fact it’s an ideology that dates all the way back to the ancient Greeks – but what did they know that we didn’t?
Pensions/savings and music have a lot in common . . . so much so that Barnett Waddingham have even chosen to build an entire event around it. Damian Stancombe explains how these seemingly disparate worlds can collide in his latest blog.
Damian Stancombe looks at two employees perspectives who are polar opposites in terms of affluence, considering their savings journeys and the impact of the Lifetime ISA.
In the third and final blog in his series, Damian Stancombe follows the employee journey through to its conclusion, focussing on the 50+ age group – the Golden Years - as David Bowie famously sang about.
In the second of his blogs looking at the employee savings journey, Damian Stancombe picks up with the 30-49 age band and considers what financial priorities the middles ages are focussing on, and whether this period is in fact, more akin to the dark ages.
Damian Stancombe brushes up on the riddle of the Sphinx, looks at the new 'kid on the block' the Lifetime ISA and ponders why he feels he is falling out of love with pensions.
In the workplace, it’s easy to think of employees as one workforce that share the same needs and opinions, with nothing to distinguish them from each other – much like a carbon copy print of a piece of art. The opposite of course is true.