The UK is struggling with financial literacy
And younger generations are lost at sea. Only 16% of 18-24-year-olds feel confident explaining concepts like personal pension contributions to a partner or friend, vs. 56% of over 55s.
Employees are in the dark about pensions
28% say they’d be more likely to use a salary sacrifice pension scheme if they understood how it actually worked.
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But there’s a way for employers to help
37% of respondents would feel more satisfied with their employer if they offered financial education which means there’s a key opportunity for workplaces to step in and help.
Download this report to:
Uncover where there is lack of knowledge
Hear about what employees want most
Learn about how your business can help