What is Homebuyer Hub?
Most people in the UK think about buying their own home at some point in their lives, and your workforce pension scheme members will be no exception.
Homebuyer Hub, an innovative new tool, is there to help them, whether they're struggling to see how they can possibly save enough, or if they’re full of confidence about their home-buying journey.
What can Homebuyer Hub offer?
Homebuyer Hub is a smart, data-driven way of helping your members on their journey to buy their first home. It can:
- Offer support, reassurance and information
- Provide personalised guidance
- Help your members get a clear view of their savings status
- Provide coaching and practical help on the way to their new home
How much does Homebuyer Hub cost?
Standard Life is committed to helping our employers and their pension scheme members engage effectively and fruitfully with their finances. We believe it's something that benefits all of us - provider, employer and member alike.
So we’re providing access to the Homebuyer Hub tool at no additional cost to you, or to your members.
Benefits for your members
Watch a quick video summary of the benefits of Homebuyer Hub which talks directly to your members.
HR Manager feedback about Homebuyer Hub
Benefits for the employer
Employers tell us how important it is to have practical support from their pension provider to help with members’ financial wellbeing. Homebuyer Hub is a great tool to give your members and it can offer practical benefits for the employer too:
Helping you to help your members
Members can feel more in control of what is a significant part of their financial lives and this can help you meet your business’s financial wellbeing commitments
Homebuyer Hub Member Insight Portal
We can provide you with analytics insights. This can provide data to help support targeted interventions at key member life-stages and boost financial wellbeing
Being on top of their finances and feeling a reduction in financial stress could improve your members’ work performance
Financial engagement and wellbeing is a key part of a supportive, colleague-centred company culture.
Good to know
At a time when increasing numbers of young people in the UK struggle to buy their first home, Homebuyer Hub’s aim is to act as a friendly helping hand, simplifying the process and reducing stress for your members.
Homebuyer Hub is transaction free and does not promote or recommend any product or service, or offer financial advice. It is purely focused on employee engagement and financial wellness.
Data, privacy and security
You can be reassured that Homebuyer Hub is carefully configured to be safe and secure:
- No personally identifiable data is ever collected and no financial transactions are made
- Any data entered is stored securely
Promoting Homebuyer Hub in your workplace
To help get the message across, we’ve designed some handy campaign materials you can use in your workplace to promote Homebuyer Hub to your members. Just let your Standard Life contact know if you’d like any of these.