About Rachael Oneill

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So far Rachael Oneill has created 113 blog entries.

Top tips for getting employees engaged with their finances


The expectation for employers to step up and take responsibility for setting their employees on the right track for a financially secure future has become increasingly prominent in recent years. The Wealth Wizards Working Late Report recently showed that over half (59%) of Brits aged between 18 and 34 believe that their employers should be [...]

Do you have a forgotten pension pot somewhere?


Simon Brooke Do you have a pension pot somewhere that you’re unaware of or that you’ve simply forgotten about?  As more of us move jobs more frequently the chances are that increasingly the answer is yes.  Moving house can add to the risk of pensions going unclaimed as people forget to inform their pension provider [...]

Wealth Wizards wins at UK Pensions Awards


On 23rd May, we won the ‘Technology Innovation of the Year’ at the UK Pensions Awards hosted by Professional Pensions. It is recognition for our robo paraplanner and its ability to ‘power up’ advisers and help them to process more regulated advice cases in less time. The robo paraplanner is currently being used with great [...]

Why small changes now make a big difference later


Peter Crush Last month something outwardly very small occurred that many people are predicting could make a big difference to people’s pension saving rates. On April 6th total contribution rates for those in auto-enrolment pensions rose from 2% of earnings (where employees and employers paid in 1% each), to 5% of earnings – where employees [...]

The Wealth Wizards Working Late Report


Last week, in conjunction with the Centre for Economic and Business Research (Cebr), Wealth Wizards launched the ‘Working Late’ report – a detailed piece of research investigating the relationship between pension savings (or the lack thereof) and delayed retirement, as well as the consequences of an ageing workforce. The report was comprised of a survey [...]

Employee Benefits: 20% believe they will never be able to retire


Wealth Wizards research report has been featured in an article on Employee Benefits. “Working late: pension savings and delayed retirement report, which surveyed 500 employers and 1,000 UK employees aged between 18 and 65, also found that 86% of employee respondents want to retire at or before age 65, however only 37% of respondents feel this [...]

FT Adviser: Quarter of employers offers financial advice to staff


Wealth Wizards research report has been featured in an article on the FT Adviser. “Only a quarter of employers are currently offering financial advice to their workers, research has revealed. Furthermore, one third of employers are only matching their employees' pension contributions up to the legal minimum of 1 per cent, which shows that companies are [...]

Brexit – what does it mean for your pension?


Brexit will affect everything from food on supermarket shelves to the fight against terrorism and so it’s not surprising that our pensions will also be impacted.  The most obvious factors are the performance of the UK and EU economy and, in turn, the reaction of the stock markets where a large proportion of our pensions [...]

What keeps employees up at night?


Retirement seems a long way off; until you realise that it’s not that far away. With this realisation, there often comes regret, fear and occasionally panic about the lack of any planning or saving strategy.  In the words of Benjamin Franklin, “by failing to prepare you are preparing to fail” but when everyday expenses, mortgage, [...]