WEALTH at work

As part of #PensionsAtWork100, the Pensions and Lifetime Savings Association and ITN Business have today released a programme to reflect on the advances made by the pensions industry to support good retirement outcomes. Take a look at our film which features Kerry Shiels from BT Group and Jonathan Watts-Lay from WEALTH at work

It’s Stress Awareness month! With 40% of employees believing that money worries affect their performance at work by causing increased stress levels, see the ways employers are stepping up to help employees: https://shorturl.at/gjYYs

We are excited to be attending the Pensions Management Institute (PMI)’s DC and Master Trust Symposium 2025 today with Victoria East, Peter Blyth-Tancock, Rhys Keeling, Joshua Chohan and Ash Sampson. Victoria East from WEALTH at work will be joining a panel discussion with John Canavan from the Department for Work and Pensions (DWP) and Ruston Smith MBA, FPMI, FCMI, FRSA from Pensions Management Institute (PMI). The session will highlight how the insights shared throughout the day translate into tangible benefits for pension scheme members and everyday individuals. 

As we head into a new month, April has been dubbed by many ‘Awful April’ as energy, water, car tax, TV licences and a string of other increases squeeze household finances. New research from WEALTH at work found that the biggest financial concerns for the year include not having enough savings for unexpected costs (42%) and not being able to pay basic living costs such as rent, mortgage payments, energy bills, food etc (34%). This can have a serious impact on financial resilience, with the weight of this financial burden spilling into the workplace. Workers admit that money worries affect their performance at work by causing increased stress levels (40%) and mental exhaustion (35%). Take a look at our tips for how employers can help employees build their financial resilience https://shorturl.at/iY6QN

See our latest coverage in Scottish Daily Record and Sunday Mail Ltd where Jonathan Watts-Lay breaks down how salary sacrifice works, along with outlining the potential benefits to employees: https://shorturl.at/8Y5J8

Great to see coverage of our latest research into employee money worries in Workplace Wellbeing Professional. See more on this including the importance of building financial resilience in the workplace and how employers can help navigate their employees through financial challenges here: https://shorturl.at/MfGJU

Our new research has highlighted the workplace impact of money worries on employees. See below some of the key findings or click here https://shorturl.at/5oLqM to download the full report. #DebtAwarenessWeek

This #DebtAwarenessWeek, we are encouraging employers to support employees to tackle money issues and build a savings safety net. Our new research of over 2,000 workers found that almost a quarter of UK workers (23%) have had to borrow money from family and friends in the last year because of money worries, and almost a fifth have taken on debt (18%). It also showed the workplace impact of money worries including increased stress levels (40%), mental exhaustion (35%) and decreased motivation (26%). 10% said it has led to increased sick days. Click here to find out more: https://shorturl.at/Q5JpM

Today is #WorldHappinessDay, take a look at our video where we asked leading employers the big question– Does money make employees happier?

Today Jonathan Watts-Lay, Director, WEALTH at work attended The Policy Liaison Group on Workplace Wellbeing. This month’s roundtable covered the need for financial resilience with a focus on enduring impacts of financial worries. See more below...