David Butcher has launched Mindful Pensions in a bid to integrate mindfulness into the pensions industry.
Butcher is a fully accredited pensions trustee and mindfulness coach and has 40 years’ experience working in the sector.
Mindful Pensions will offer consultancy and coaching services to firms in the pension sector.
The service aims to help organisations improve staff wellbeing, increase productivity, reduce stress and make better decisions that will ultimately benefit savers.
Butcher said: “In setting up Mindful Pensions and blending my mindfulness experience with my experience of holding senior pensions industry roles, I hope to do my bit in helping the industry be a more healthier, fulfilling and productive place to work.”
According to Butcher, figures suggest 76 per cent of employees feel moderate to high levels of stress which he calls "worrying" as it impacts workforce productivity levels.
He also pointed out that stress costs UK plc more than £5bn annually and can cause over 15mn lost work days.
This comes as Towergate Health & Protection chief executive Iain Laws highlighted it was important for all firms to have some kind of wellbeing and benefits spend allowance in their 2024 budget.
This is because employers need to take into account the challenges employees face such as with their mental health.
alina.khan@ft.com
