Financial wellbeing | How to tackle pension inadequacy

By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits

“Anecdotally, Close Brothers Asset Management [CBAM] is seeing a small trend in employees postponing retirement due to working from home,” says Marcus Read, Director of Workplace Financial Wellbeing at CBAM, one of our Wellbeing Investment Matching partners and recent guest on a Generali webinar.*

This was echoed by our webinar attendees, the majority (55%) saying they’d noticed a growing trend of employees working beyond state pension age. Working from home might be helping facilitate this, but the key drivers are financial challenges, according to our attendees.

This perhaps comes as no surprise when you consider the ongoing impact of an uncertain UK economy. Lots of things are putting pressure on our pockets right now and, in turn, on the ability to save for retirement.