Are you retirement ready? Take a fresh look at your pension this September
Did you know? Our council partners with My Money Matters to provide employees with access to financial wellbeing support and retirement planning resources. My Money Matters is hosting a series of free webinars during Pension Awareness Week (14 to 18 September) to help employees better understand their pension and prepare for retirement.
When did you last check what your pension could provide in retirement?
If your answer is "I haven't" or "I'm not sure", you're certainly not alone. Research shows that 75% pension savers are currently on track for less than a moderate retirement income, yet many people have never checked whether they're one of them.
Pension Awareness Week is an opportunity to better understand your pension and consider whether you're on track to achieve the retirement lifestyle you want. We're encouraging colleagues to take a little time to think about their future selves and learn more about their pension options.
Why do we avoid thinking about pensions?
On Monday 14th September at 12.30pm, My Money Matters will host a live session featuring Vicky Reynal, a leading financial psychotherapist and author of Money on Your Mind. She'll explore why so many of us put off thinking about retirement and share practical tips on overcoming "pension procrastination".
Turn awareness into action
Following the keynote session, a series of practical follow-up webinars will run from 15 to 22 September. These sessions will help you:
- understand what your retirement savings could mean for your future
- learn how to boost your pension savings
- find out more about Shared Cost AVCs and other options available to Local Government Pension Scheme members
- Take simple steps to improve your retirement outlook
Attend and you could win!
Employees who attend both the keynote session and one of the follow-up webinars will be entered into a prize draw to win shopping vouchers, including a top prize of £100. Terms and conditions apply.
Take a small step today that could make a big difference to your future retirement plans
Your pension is one of the most valuable employee benefits you have. Whether retirement is a few years away or several decades off, now is a great time to understand what your pension is worth and whether you're on track to meet your goals.
Book your place today and take the first step towards a more confident retirement: Monday 14th September, 12:30pm
Follow-up webinars
Taking place after the keynote session, a range of follow-up webinars will explore practical ways to improve your retirement outlook and explain the options available. Choose the session that best suits your schedule: