According to debt charity StepChange, money borrowed to finance Christmas could take years to repay. Worries about debt led to a surge in enquiries to the charity as soon as the festive season was over.
Consultancy

Retirement planning – helping your people to plan for a life after work
It may seem counter-intuitive to offer your people support to plan for their exit from your business, but really, it is anything but. Offering retirement planning support can help your business recruit and retain talent, and gain an edge over your competitors.

Employee benefits engagement is crucial during a recession
As the cost-of-living crisis continues, I’m increasingly being asked by my clients and colleagues about the best ways to get people engaged with their benefits, to really ensure they’re getting the most value from them. And, just as crucially, how supporting people to engage with their benefits helps to improve your employee value proposition in today’s tough landscape.

Supporting your people is crucial to surviving the recession
When we think about what really drives a business forward, it’s not the lifeless elements. These things are important, but it’s the human aspects, the intellectual capital within an organisation, that will make the difference to how well your organisation weathers financial turbulence.

Are your people opting-out of their company pension?
In these troubling times, it isn’t surprising that for some, workplace pension contributions are considered discretionary, and they are making the choice to opt-out.

Innovative solutions you should consider for your 2023 employee benefits review
In recent years we have seen many changes that widen the support around important employee lifecycle events, from shared parental leave to additional support around miscarriages.

Five ways to support your younger employees through the cost of living crisis
Here are a five top tips for supporting the younger people in your workforce, and ensure that they remain productive in today’s tough financial environment.

Cost-effective employee benefits to help retain your talent through tough times
When it comes to recession, employee retention plays a big part in minimising losses for your business.

Mini budget – September 2022
Liz Truss’s government has clearly signalled its pursuit of economic growth. Today’s mini-budget, billed as the “Growth Plan”, contains tax cuts and deregulation, aimed at unlocking private sector investment, cutting red tape, reducing taxes and creating jobs.