Webinar recording: Create a pension strategy to deliver value for your workforce
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Most employees, and their employers, have no idea whether they are on the journey to achieving, at the very least, an adequate retirement lifestyle.This means that, despite vast amounts being spent by employers, there is little understanding of the level of value for this spend.
With the government pushing forward with its Pensions Reviews, now is a good time to get to grips with what ‘value for money’ means for employers and their workforces.
This webinar, with strategic partners Hargreaves Lansdown, explored how employers can understand what an adequate retirement might look like for different cohorts of their workforce, what the different levers are that will affect outcomes, and how to set a strategy to help employees understand their responsibilities to achieve their own targeted retirement adequacy.
The panel discussed how they have structured their workplace pensions and savings strategies, how they balance the employer/employee responsibility for saving, and what metrics they use to sense check good member outcomes.
The key issues explored included: how to set your employer strategy on retirement adequacy; understanding the information needs of different cohorts and the impact of wider economic pressures; what ‘value for money’ looks like in 2025; what metrics to use to check you are getting value for your workplace pensions spend.
Chaired by REBA’s director Debi O’Donovan, the panel included:
- Adam Chate, senior pensions manager at 3i
- Rashree Chhatrisha, director of pensions and benefits at Saga
- Alastair Stuart-Hunt, senior client relationship manager at Hargreaves Lansdown.
REBA webinars are complimentary for everyone working within rewards and benefits, HR, and wellbeing.
Thank you to our for supporting this REBA webinar.
Supplied by REBA Associate Member, Hargreaves Lansdown
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