financial wellbeing

Smart Pension will roll out an online financial well-being application to help members make decisions about their money in Q1 next year.

The number of companies offering employees flexibility in use of pension contributions is set to triple over the next two years, Willis Towers Watson (WTW) says.

Some 88% of employers are concerned about the financial issues their employees are struggling with, but only half have a wellbeing strategy, according to research.