This article is sponsored by Wolseley.

The UK’s largest plumbing and heating merchant, Wolseley, is recruiting to fill a number of roles in its Ripon support centre and store branches.

The firm specialises in bathrooms and heating as well as infrastructure solutions and cooling products.

Wolseley offers great benefits to all of its staff, with life insurance, an employee assistance programme (including counselling) and flexible working options, on top of the competitive salary, great holiday entitlement, and fantastic pension contribution scheme you’d expect.

Michelle Henstock has worked at the Ripon support centre for more than forty years, and is now payroll and benefits manager. She recalls starting work there in 1981:

“Wolseley, or Yorkshire Heating as it was, was the employer of choice in the Ripon area at the time – everyone wanted to get a foot in the door. Whenever a vacancy cropped up, you wanted to grab it!”

She added that those in her team have always felt like family:

“I think I’ve been really blessed in that respect. I’ve always worked in good teams and with good colleagues that have worked well together and got on. I’ve remained friends with many former colleagues, and I’ve gained new ones too.”

Supporting your wellbeing

The company places a family ethos at the heart of its culture, and wellbeing is a priority. With trained mental health first aiders across the business, there’s always someone there to support you.

Colleagues can also sign up to the special ‘Wolseley Wellbeing programme’, a comprehensive 12-week course that covers exercise, nutrition, sleep, positive psychology, and stress management.

Wolseley recognises how important staff engagement is to wellbeing, so you’ll be able to have your say on how the company is doing and where it’s going.

Pay matters

When you’re looking for work, pay is important. Wolseley wants to attract the very best talent, and pays people a wage that means they want to stick around.

Wolseley always pays above the National Living Wage; what they call the Wolseley Wage is well over £500 more per year than the Living Wage for those aged 23 years and over. The gap is even wider if you’re under 23 years old (where the recommended pay is lower), as they don’t believe someone’s wage should be determined by their age.

To see the roles currently on offer at Wolseley, visit www.wolseleycareers.co.uk

This article is sponsored by James Henderson Wealth Management.

It’s estimated that considerable savings have been built up by some Brits during lockdown, and for many, especially younger people, this could be a once in a lifetime moment to think ahead.

If you’re one of the lucky ones who’ve been able to save money over the past year, do you have a plan for it?

You might be thinking about buying a new car, splashing out on a holiday, or simply saving it for a rainy day. If you’re thinking about saving, read on. If you’re not, read on anyway, because it might change your mind!

Jim Henderson, of Harrogate-based James Henderson Wealth Management, has some top tips for helping you get as much wealth out of your money as you can, aiming for you to live the lifestyle you want in years to come. Jim can help you prepare financially for your future, regardless of your income.

Jim says:

“People often think you need to have vast amounts of money to invest, but in reality you don’t have to be wealthy to create wealth.

“Even if you only save a small amount each month, if you plan properly now, I can help you reap rewards in later life, by utilising tax breaks to keep as much of your existing money as possible.”

Jim’s tips:

1. Start saving sooner rather than later

Albert Einstein reportedly called compound interest the ‘eighth wonder of the world’. Put simply, the earlier you invest, the longer your money has the potential to gain interest and grow, and as Jim puts it, “what’s important for investments is time”. 

“Let’s say you’re planning to retire at age 67, and make a £200 pension contribution per month:

If you start saving at age 20, your estimated pension fund at retirement might be £349,000.

If you start saving at 30 it could be £215,000.

And if you start saving at 40, it might be £123,000.”

Please note that these figures are for example purposes only and they are not guaranteed – they are not minimum and maximum amounts. What you get back depends on how your investment grows and the tax treatment of the investment. You could get back more or less than this. 

2. Put your savings in an Individual Savings Account (ISA)

Gone are the days when the best way to save money was to put it in a piggy bank or hide it under the mattress – or even just leave it in your current account.

If you don’t put your savings somewhere tax efficient, you could end up paying tax on any interest you gain… one of the most popular ways around this is to put it in an ISA.

Everyone gets an annual ISA allowance, meaning you can save up to £20,000 each year and any growth received is not subject to income tax or capital gains tax.

Jim explains:

“The ISA allowance is a ‘use it or lose it’ situation. Once the tax year has ended, you can’t go back for more tax-free investment. This tax year ends on 5 April, so my advice is to get organised and move some savings to an ISA this month.”

3. Pay into your pension

New freedoms to take benefits and generally leave pension savings as tax-free inheritance have made paying into a pension even more attractive than it was a few years ago – but the tax man actually adds to your savings as well.

For most people, for every 80p you put into a pension, then government will automatically add 20p in tax relief, so a £1 contribution can effectively cost you just 80p. Higher earners can claim extra tax relief through their annual tax return, paying 60p for a £1 contribution.

4. Speak to a professional

It’s normal to feel confused about finances, but that’s where the experts like Jim come in: he can explain everything you need to know in a way that makes sense to you.

“The word ‘financial adviser’ is scary enough for people, but we’re really just about helping people to build their finances in the best way for them.

“If our car breaks down, we see a mechanic; if our body hurts, we consult a doctor. So the same logic follows for our financial situations.”

To get in touch with Jim for advice on ISAs, pensions, or investments, visit his website. 

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested. An investment in equities does not provide the security of capital associated with a deposit account with a bank or building society.

The levels and bases of taxation, and reliefs from taxation, can change at any time and are generally dependent on individual circumstances.

James Henderson Wealth Management is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website www.sjp.co.uk/products.