Our pensions are vital to our health and happiness and they’re most people’s second biggest financial commitment – but how much do we know about where our money is actually invested? In the current climate of low interest and rising inflation, fund managers are having to be more imaginative with how they invest our combined [...]
We are pleased to announce that we have been selected to present at Finovate Europe. We will be showcasing the new version of Pension Wizard. FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. They are a unique combination of 72 fast-paced, onstage demos with eight hours of [...]
We are thrilled to announce that Lynn Smith, Wealth Wizards Customer Service and HR Director, is on the Innovate Finance Women in FinTech 2016 Powerlist. The initiative is an attempt to include all women who are driving FinTech global success from within the sector as well as outside Innovate Finance’s membership association. Tony Vail, Wealth [...]
• One in five people will be working at 80. • Only 30% of Brits will retire by 65. • 42% of people will work until they die. As the UK’s oldest person turned 110 last week, pension advice experts Wealth Wizards release research today looking at the changing face of retirement. The surprising research [...]
As children of the Age of Information, Millennials, also known as ‘Generation Y’, have better education and unrivalled access to information than any previous generation. Where finance is concerned, they have a very different outlook to their parents with increasingly confident attitudes towards saving. A report published by Experian in January 2016 found that 45% [...]
Despite the recent £8m TV campaign from the DWP, research by online pension adviser, Wealth Wizards, has shown that by the end of 2015, an alarming thirty-eight per cent of working Britons still do not know what auto-enrolment is or realise that they are entitled to a workplace pension. Since 2012, more than 5.4 million [...]
We were covered in this article in HR Director stating that many people are still unaware that they have been automatically enrolled into a workplace pension. Even more surprisingly, more than thirty per cent of people who have a workplace pension, said that they had no idea what they are getting!
We have been featured in the Birmingham Business Post in the pensions and personal finance section (page 24). The article opens with a mention of Wealth Wizards' roots in the West Midlands and then goes on to introduce Pension Wizard, exploring online advice and looking into options available to employers.
Since the abolition of the default retirement age (DRA) in 2011 and the introduction of auto-enrolment in 2012, a shift change has taken place in British attitudes towards retirement. With more flexibility for employees approaching retirement age than ever before, as of April 2015 anyone aged 55 and over can gain access to their defined [...]