We want to inspire each member so that they make active choices and decisions around their own savings and later life plans, whilst appreciating the impact of each of these on their goals and the benefits that their employer also offers.
Any communication needs to target the agreed key messages, to the right members, at the right time. This can be helped by our online pension analytical tool (GEM) by segmenting the workforce into agreed cohorts.
We believe in a staged approach to delivering engagement services:
We recognise that every client is unique and our aim is to influence the right employee behaviour to meet each company’s objective. Our creative agency, DrumRoll, changes the way employers communicate and engage with their workforce. Using techniques more familiar in the retail ‘buy’ world, alongside our established analytical and consultancy services, DrumRoll helps companies build a successful approach to workforce engagement. Services will include regulatory communications that employers are required to tell staff as well as techniques to teach employees about their financial options regarding pensions and wider financial and wellbeing issues. Most uniquely, DrumRoll seeks to involve the workforce in a way that breaks the mould for communication.”
An employer will make a very generous contribution of 10% to a pension, but only if the employee makes a contribution of 6%. However, some employees are unable to make the 6%.
In previous REBA articles we explored why financial wellbeing is ‘fundamental not just a fad’ and then looked at how we analyse, consultant, deliver and check via our ‘ACDC’ framework. Now we explore how to deliver this into the workplace.
If you can help your workers save that little bit and take away their financial stop signs, you could take them off the “highway to hell” and help them towards that goal of “livin’ easy, livin’ free”. How do you get there?
Whether you are a trustee running an occupational scheme, a company offering a master trust scheme or a contract-based scheme, these newsletters help to keep you up to date with elements relevant to your DC arrangement.
In our PerioDiC newsletter, we summarise the trustee, company, and other elements to be aware of which help with running a defined contribution (DC) scheme.
The latest Individual Savings Account (ISA), the Lifetime ISA (LISA), launched on 6 April 2017 and is designed to help individuals buy their first home or save for retirement.
The Budget 2016 might not have seen the widespread changes to the pension taxation system that many had been anticipating – however, there are still key pension considerations to be aware of in the new tax year.
50% of employers are concerned that DC is not being used for its primary purpose
The workplace wellbeing index is based on an online survey carried out in early 2017. The survey received 145 usable responses from employers across all regions of the UK, providing benefits to more than 250,000 employees.
Our ‘Generation WHY? study, now in its third year, highlights important generational attitudes and perspectives towards money matters as well as savings and how personal affluence affects outlook.
United Response is a top 100 UK charity which needed a new workplace scheme to fulfil its auto-enrolment duties. We helped guide the charity through the challenges they faced.
Barnett Waddingham named ‘highly commended’ in the ‘DC Consultancy of the Year’ category at the UKPA awards in what was a very competitive field.
We are delighted to be recognised for the third consecutive year at Pension Insight’s DC Awards, being named ‘Financial Wellbeing Consultancy of the Year’.
We've launched BWell Financially to offer bespoke strategies that improve employee financial wellbeing and productivity.