UK - Employees should be given time off every year to attend financial and retirement planning seminars, Prudential UK urges.
The insurer said research showed that only 10% of employees had been given time off to plan for retirement and this was just before they stopped work. Its research also showed that around 80% felt their employers had a responsibility to help with their retirement planning.
Prudential called for the establishment of a National Retirement Week for employers to review and improve the level of financial support they give staff.
UK worksite communications director Dave Harris said: “People need much more help in planning for life after work and given the growing pressures on their time, the workplace has a key role to play.”
Prudential offers staff the equivalent of one day off work each year to attend to their own personal finances.
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