News and updates

/News and updates/

3 top tips for getting your finances back in shape after a summer of spending


Most of us start a new year full of good intentions and resolutions when it comes to our finances. But it can be easy to get lulled into a false sense of security. With the spending fever of Christmas safely done with for another year, we resolve to make sensible decisions and start saving regularly [...]

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 [...]

Windfarms, music rights, sewers – where’s your pension money going?


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 [...]

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 [...]