17: DC: Reducing money worries with financial wellbeing

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Retirement and pensions can often seem a long way off for many people – we all still need and often worry about money for everyday living so how can we help individuals see the value in saving for the future? With 40% of people indicating that they do not have good control of their money or manage it well (Money Advice Service) it can often feel saving more into a pension is difficult hurdle to overcome. But by using the right techniques, financial wellbeing can reduce the number of under-savers and help people be financially happy today.

Read more about how financial wellbeing can lead to higher savings here: http://www.lgim.com/uk/en/insights/our-thinking/client-solutions/can-better-financial-wellbeing-lead-to-higher-savings.html

Stuart Murphy, Head of DC Client Management
Simon Chinnery, Head of DC Client Solutions

This podcast is intended for investment professionals, and shouldn’t be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in Legal & General investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of Legal & General Investment Management. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.

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