Corporate

Group Income Protection is put in place in order to pay a percentage of an employee’s salary (typically 60-80%) should they be unable to work due to illness or injury. Additional support, such as physiotherapy and visits with a mental health professional, may be covered as well. It can also include National Insurance obligations, pension contributions, and the expenditures of recruiting and hiring temporary or replacement workers.

Group Income Protection enhances employee morale and motivation by offering greater financial stability, as well as reducing time away from work due to illness or injury. In addition, joining an employer’s GIP scheme often costs less than it might if an individual employee takes out their own similar policy.

Critical illness cover provides a safety net to protect employees’ income and your business’s future.

Critical Illness means an employee receives a tax-free lump sum if they’re diagnosed with one of a number of specific medical conditions and survive for a minimum period of time once they’re diagnosed (usually between 14 and 28 days).

The most valuable contribution a business can provide to its employees is Group Life Cover.

Group Life Cover protects you, your employees, and their beneficiaries by decreasing the financial and emotional impact of unforeseen life changing events such as severe illness, disability, or death.

Death In Service is an employer-sponsored benefit that businesses can offer to their employees. It is a simple way to supply some much-needed life assurance until an employee leaves or retires.

The loss of a key employee may result in greater costs for recruiting and upskilling, a decrease in turnover, and also lead to issues generating funding, needing to repay loans and delays in finding a successor.

A key person is an employee whose absence would affect profits and those whose experience is important to the future success of your business. Key Person Protection is an insurance cover that provides a lump sum to help the business to continue operating, should a key person die or become critically ill.

Shareholder Protection allows the remaining business shareholders to stay in control of the organisation following the death of another business owner or shareholder.

In the event of a business owner dying or being diagnosed with a critical illness, shareholder protection can provide a lump sum to the remaining business owners. This could be used to help purchase the deceased shareholder’s interest in the business.

Many businesses take out loans to establish and develop their operations. More often than not, their capacity to repay the loan is reliant on a few key individuals. If either of those crucial people becomes critically ill or dies, the business loan cover can assist in paying off the outstanding loan.

Business Loan Protection is life assurance, with or without critical illness cover included, and can cover loan repayment and debts associated with the loss of a key person.

Financial planning acts as the imperative road map of what your business goals are - in the short and long term - setting out potential costs and addressing all avenues for managing these costs. For small businesses, it is particularly critical in achieving the initial buy-in from investors, bankers, and creditors who require a solid financial strategy for your small business.

Founded on the basis of our extensive experience and expert knowledge, we employ wealth strategies, financial activities, and constant information sharing to move your business towards its unique goals.

We use dynamic financial planning as part of our approach for implementing corporate financial planning within businesses, with our ultimate goal being an intelligent, flexible and appropriate strategy for your business’s long-term success.

Business owners and directors are often surprised by the strategies they can apply to their business and private pension.

Retirement is no longer a fixed time in your life. You can take early retirement or carry on working until state pension age, the choice is yours. If you decide to retire early, you can currently claim your workplace or private pensions from the age of 50, but your state pension will not be available until you reach state pension age. 

As a business owner or director, you may also want to consider investment options in addition to your pension to provide further flexibility.

Corporate pension plans are an employee benefit that will provide income in retirement, and is based on the employee’s length of service to the company, and the salary history.

We offer a range of products that provide flexible and cost-effective corporate pension plans, enabling employers of varying sizes to provide retirement planning benefits for their employees.

As a leading pension adviser, we understand the importance of a cost effective benefits package without creating additional pressures for employers. We will work with you to identify the major motivations and objectives for your retirement and pension benefits. We use this knowledge, as well as our industry, pension, and regulatory experience, to help you develop a retirement and pension strategy that will complement your overall company strategy.