The power of financial education for your retirement…

Joanne Baker (left) and Caroline Allen

WITH almost 20 years of experience in the industry, including working at Halifax Bank and Nationwide Building Society, the duo launched their own all-inclusive financial practice back in 2021.

Recently, they have identified the need for retirement planning education sessions in the local area and have since worked with numerous firms to help them support their employees with understanding the complexities of retirement planning. Many employees don’t understand their pension, the benefits of investing early or what a realistic retirement age is if they want to retire early. Some are even cancelling pension contributions in order to relieve the pressure of an increased cost of living without fully understanding the longer-term impact of this.

No matter their background or existing knowledge, workshop attendees will leave with increased knowledge and confidence when it comes to managing their own finances and taking control of their own financial future.

Caroline and Joanne's financial education accreditation means they are qualified to run interactive workshops in the workplace. Their passion for financial planning has seen them build a company that is trusted, professional, and personal. The company’s mission is to help people navigate the complex financial landscape and overcome any lack of financial literacy.

Retirement planning seminars are focused on increasing understanding and helping individuals to plan for their future. These can be of benefit to anyone at any stage in their career.

Caroline said: “It’s never too late to learn about managing your finances. We believe that financial education helps give people the necessary skills and capability to manage their money effectively. Understanding money and its value, gives people confidence in their decision making and empowers them to improve their lives. In our experience, financial wellbeing also leads to improved mental and emotional wellbeing – who wouldn’t want that!”

Joanne added: “We recognise financial wellbeing leads to improved mental and emotional wellbeing. Seeking financial advice can be daunting, but the long-term benefits are immense. So, we hope to work with more people this year and help them take the first step towards a more financially secure future.”

Yorkshire Financial Planning offers retirement planning seminars to companies both large and small. The sessions can be tailored to your employees needs. Find out more here: https://yorkshirefinancialplanning.co.uk/services/financial-education/