HUB Group unveils Pension Buddy
HUB Group, the corporate solutions and advisory subsidiary of Just Group plc has today launched Pension Buddy – an interactive digital service designed to enable employers, pension scheme trustees and corporate partners to offer a financial wellbeing service to their colleagues and members.
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Pension Buddy is an easy-to-use interactive resource that helps people aged 45+ start to think about and visualise their life after work in order to encourage greater engagement with pension saving and planning.
The interactive Pension Buddy ‘wizard’ asks a few simple questions and then creates a personalised suite of bite-sized information tailored to the individual’s level of knowledge and specific interests about the retirement planning process. The service also includes a retirement health check - a calculator designed to help people understand how financially fit they are for life after work.
Stephen Lowe, group communications director at Just Group, said it would enable employers to broaden their employee benefits by offering a valuable financial wellness service to help colleagues engage with the difficult subject of planning for retirement.
“We are delighted to make Pension Buddy available as part of our employee benefits services. Financial wellness is an issue employers are increasingly addressing as they recognise the opportunity and responsibility they have to support their employees.”