|
|
|
| our
clients / case studies..... |
|
|
 |
|
| Large
Corporates |
|
Retaining
good people has become more difficult in recent years.
Recent graduates in particular have a much more fluid
attitude to their careers and assess employment on a
wider range of measures than past employees. An appropriate
benefits package is part of the deal that attracts them
and then keeps them interested. Taking care of employee
pension planning is no longer as straightforward as providing
a “company
pension”. For large companies, staff turnover causes
major expense and frequent disruption to day to day business.
Building a pension scheme that reduces the cost of staff
turnover by acting as a retention device isn’t a
simple task. Offering financial planning as part of the
employee remuneration package delivers a tailored solution
to assist in the retention of valued employees.
We have worked with a number of substantial companies
to improve and restructure pension schemes, benefiting
all parties in the process. Typically reducing scheme charges
and costs of operation, we have also introduced one to
one annual financial reviews. Our reviews help employees
determine their financial goals and make sure they are
sensibly planning forward. This aspect of tangible care
is a valuable addition to the benefits package. Our aim is to provide both increased financial certainty
and reduced risk for company pension planning. We help
you as company directors, to ensure that you have adopted
an appropriate and accountable solution to company pension
planning. We help employees protect their future and in
doing so, make it more likely that they will decide that
their future lies with you. |
|
|
| Owner
Managed Business |
|
Running a smaller
business can be very demanding. Just dealing with customers
and day to day administration often means that forward planning
shifts down the to-do list. The feeling of something not
done doesn’t go away though, and the thought that “I’ll
get around to it” never leaves you.
We serve a number smaller businesses in your situation.
We are experienced at sorting out your financial priorities
and putting the right actions in place to make sure you move
towards your financial goals. Besides sorting out company
protection with services such as
“key man insurance”, we regularly review small
company pension arrangements and reduce costs as well as
increasing benefits for employees. Tax planning and planning
your company investments all come as part of the service.
Our service includes a comprehensive assessment report, follow
up meetings and annual reviews to ensure you stay on track. |
|
|
| Private
Individuals |
|
| We have an extensive number of individual
customers, using our financial planning services. Each one
has their own individual needs and circumstances. Each one
requires regular review and consideration. All our customer
relationships are long term, individual and based on professionalism: |
- We
are truly independent and objective.
- We
do what we say we will.
- We
work with you for the long term result.
|
Our aim is to keep
you as a customer for many years. Your needs now will not
be the same in 10 years time, you will be at a different
lifestage and your situation will have changed. We understand
how to manage your financial health. Your attitude to risk
may change as you progress, we plan for this and listen to
you as you shift your approach to investing and pensions.
Our approach is to consider your whole life needs. We can
arrange: savings and investments, pensions, trust funds for
education needs, inheritance planning, tax planning, mortgages
and insurances of all types. And we do this in a very directed
way that helps you achieve what you want to at each stage
of your life. |
|
|
 |
|
| Large
Corporates |
|
| Together with our Independently retained Actuarial advisers, the following are just some of the areas in which we are able to assist larger Companies develop and improve their employee benefits package. |
|
- Final salary ongoing scheme management. Significant cost savings can be achieved in this area. Often by reviewing the present scheme processes alternative ‘bundled’ or ‘unbundled’ solutions can be considered.
- Schemes closed to ‘future accrual’; there have been recent innovative developments in this area. Senior Managers and Trustees should be fully aware of how "risk" can be reduced and managed by placing such legacy schemes within the hands of experts. Such solutions and solution based propositions, are often not actively considered and brought to the attention of clients; this because they propose an "insured solution" which is at odds with the financial interests of the firms existing Employee Benefit Advisers.
- Scheme Discontinuance and Wind-up. Again there are innovative propositions and solutions to this area that Trustees should actively be aware of. It is important that a ‘’second opinion’’ should be considered, in order that Trustees are fully appraised of all possibilities. As well as potential cost savings and member enhancements.
- The Communication Mix, including, total reward statements are areas that Trustees and Senior Management alike should consider. Particularly in times of organisational change. Formal access to "regulated advice" has a part to play in this process.
|
|
| Small to medium sized companies |
|
The above advice processes are not strictly limited to larger companies and often do apply to smaller companies as well. However, smaller companies often have the following considerations as well.
|
- Controlling Directors and their own retirement provisions. How relevant are SSAS and SIPPS? How are they best used within the overall planning context?
- Existing Defined Contribution Schemes. These being Occupational Money Purchase, or Grouped Personal Pension. How have things changed with ‘’Simplification’’ Do they represent value for money for the Sponsoring Company and member alike? Are they being communication correctly?
- Life Cover, Health Insurance and Income Protection. How relevant are these provisions to a growing Company and their workforce? Again how can cost savings be readily translated into scheme and benefit improvements.
|
|
| Private
Individuals |
|
| As Financial Services become more complex and the need for an individual to make arrangements for themselves increases, the following are just some of the areas in which we help our clients: |
|
- 1 Retirement Planning
- Retirement Options
- Life Cover Requirements,
- Inheritance Tax planning and mitigation,
- Asset Management,
- Investment Portfolios,
- Investment Platform selection,
- Fund Manager Selection,
- Holistic Financial Planning.
|
|
|
|
|
