Steve Watson, Head of Proposition at Smarterly, talks to employers at the E-reward Financial Wellbeing Conference. With the concept of side car savings currently being trialled by NEST, there's an acknowledgement that pensions in isolation aren't enough to meet everyone's financial needs. What's needed is a dual approach, not to replace pensions, but to bring the pension and additional savings 'products' together in a 'Workplace Savings' scheme. So that no matter what stage of life or financial priority, each and every employee is supported by their employer when it comes to financial wellbeing.
Interested in hearing more about how workplace savings could support your employees' financial wellbeing?