Exit Menu

Our Blog

Are pensions still the 'golden handcuffs' they once were?

With today’s average employee likely to change jobs every 5 years and 43% of younger workers not planning to stay with their current employer for longer than 2 years, are pensions still a tool to attract and retain staff?

Why a dual Lifetime ISA/pension approach to savings creates a big boost for your under 40s employees

Implementing a dual approach to financial employee benefits with a pension and a Lifetime ISA can lead to better financial wellbeing for your employees under the age of 40. This isn't to play down the importance of pensions and the need to start saving into one at an early age, but to acknowledge that employees have key events to save for on the way to retirement.

Bank of mum and dad trend shifts to bank of son or daughter

Latest research from Smarterly finds that one quarter of young employees expect to financially support their parents in later life. With one third of young people receiving no financial support from parents, have the tables turned?

How to use Lifetimes ISAs as part of a financial wellbeing strategy

As buying a first home is the top financial priority for many people under 40, the LISA is an ideal savings vehicle. If they continue to save into it for retirement, the bonus payments mean that a Lifetime ISA (LISA) is arguably a better value proposition for younger employees than a pension scheme. Many employers are now implementing or considering a dual approach to workplace savings, for example, a LISA (or other types of ISAs for older employees) alongside a pension scheme.

Side car savings - financial wellbeing for all

Steve Watson, Head of Proposition at Smarterly, talks to employers about side car savings and moving from a pensions-focused approach to a wider Workplace Savings Scheme which meets the needs of an increasingly diverse workforce.

OVO - innovation in workplace savings

Jo Fairweather, head of reward and wellbeing at OVO Energy, in association with Smarterly, talks about how OVO's young workforce meant the need for innovation in workplace savings. Recorded at the REBA FinWell Forum 2019.

End of tax year ISA checklist - five things to check before 5th April 2018

This year’s ISA allowance is £20,000 so if you haven’t yet reached this limit consider topping up or starting your investment before 5th April.

Lifetime ISAs – a ‘needs-based’ approach to employee financial wellbeing

Workforce demographics are changing. With 75% of the workforce estimated to be made up of millennials by 20251 and people working later into life, there’s a growing call for a more 'needs-based' approach to employer sponsored savings.

Personal Financial Services – is it a case of ‘blind luck’ when it comes to investing?

Few enter the business of personal financial services with the expressed purpose of enriching others. This is a problem. So what does it mean for the consumer?