The intersection of diversity, equity, and inclusion (ED&I) and financial wellbeing is a critical issue that’s often overlooked. The harsh reality is that certain employee groups experience a disproportionate burden of financial stress with regards to pay and pension. Women and ethnic minorities, for example, often face significant financial disadvantages compared to their peers. Additionally, […]
Tag: pensions
5 ways to develop a positive money mindset
Having a positive money mindset can transform your personal finances. We’ve compiled a list of steps to help you get started. […]
Boosting pension engagement
Your workplace pension scheme is probably one of the most expensive benefits you offer your employees. In fact, the average employer contributes £1,305 per employee, per year! Because, in most cases, it’s a mandatory expense, many employers don’t even think about whether employees engage with their pension. But leaving it to one side runs the […]
How do I know if my pension is doing well?
Have you saved enough for your retirement? Maji explains how to maximise your pension contributions and see how well your pension is doing. […]
Read this if you’re thinking of changing pension provider
For many companies, setting up the pension is a tick-box exercise. After all, when you’re a small team responsible for everything from hiring employees to sales and marketing, getting your pension scheme underway can understandably come bottom of the priority list. But somewhere down the line, there comes a point when you want your pension, […]
How do I consolidate my pension?
Many people want to know if they should consolidate their pension. We cover what consolidating your pension means, why you might consider it and what to bear in mind. […]
Salary sacrifice for employers: what you should know
A salary sacrifice pension arrangement is a win-win for you and your employees. We tell you what you need to know before making the switch. […]
Maji’s Pensions 101 Guide for Employers: Set up pension contributions in payroll and make payments
You’ve nearly finished setting up your workplace pension as a new employer. How do you set up pension contributions in payroll and make payments into your scheme? […]
Do I need a financial advisor?
You may be asking yourself if you need a financial advisor to help you navigate the world of pensions and finance. A financial advisor might be right for you depending on where you are in your financial journey. Or, it might be that another kind of financial expert can help you. If that’s the case, […]
How much should I contribute to my pension?
If you’re contributing to your workplace pension, you’re already taking an important step towards your future. Contributions you make today will be invested and grow over time. But how much should you be putting in to be on track for a comfortable future? The default minimum There is a default minimum that should currently be […]