The death or serious illness of a key director or employee can have far-reaching or even disastrous consequences for a business.
This could result in:
loss of profits
the recall of loans
loss of key clients/contacts
reduced practical know-how.
Having the correct insurances in place and making sure that they are regularly reviewed and updated as your business changes can be a particularly onerous task.
Having an effective benefits and remuneration strategy that is clearly communicated and appreciated by your employees can really help you to retain high-calibre employees.
Online total reward statement –
Helping your employees to understand and appreciate the cost of the benefits.
Private medical insurance. –
Ensuring your employee’s health and well being and reducing their absence from work waiting for medical treatment.
Salary sacrifice arrangement –
Facilitating employee access to tax-efficient benefits whilst at the same time reducing employer’s national insurance costs.
Group life, income protection and critical illness –
These are important benefits that not only form key part of a comprehensive employee benefit package but also enable you to manage your business more effectively.
If you are running a successful business, how can you use that to generate financial security in retirement?
We have a range of potential solutions that will provide both you, and your employees, with tax-efficient retirement benefits.
Some of the areas we can discuss with you are:
group pension plans for your colleagues and employees – an attractive recruitment tool as well as a justifiable business expense
salary sacrifice arrangements that will provide cost-effective pension planning opportunities for employees whilst reducing employer National Insurance costs
pension arrangements enabling you and your family to reap the rewards from the success of your business
trustee-based arrangements that offer a cost-effective solution for trustees to transfer the scheme liability to a new pension arrangement, thereby securing employee pension rights
ensure whichever contributions or pension plans you select, that you comply with your auto-enrolment obligations for your employees.