Your pension scheme is up and running and fully compliant with all legislative requirements, but do your employees understand and value it? As with any business expense, you want to see a return on your investment. Employees can often struggle to understand some aspects of financial issues that relate to them and often fail to understand the various benefits on offer in the workplace.
The reasons for this are not hard to find as our experience shows that passively delivered information, paper based or intranet sites is generally ineffective. Have you read the statutory letters! A proactive and interactive delivery of education will achieve a lasting understanding.
There are a variety of ways that we can deliver financial education to fit an employer’s requirements. We find group presentations followed by the offer of 1 to 1 meetings most effective. For those in the retirement phase, targeted workshops and the offer of 1 to 1 meetings with their spouse or partner are a simple and cost effective way of supporting valued employees through the maze of options and decisions.
"An investment in knowledge pays the best interest"