Running a successful business requires careful financial planning to protect both your company and its employees. Expert advice can help you – as the business owner – manage cash flow, reduce tax liabilities and implement essential protection policies such as group death in service, group pensions and group income protection. Shareholder protection further ensures business continuity in unforeseen circumstances, while strategic planning supports long-term growth.
Whether you’re a startup or an established company, professional guidance can help you better navigate financial challenges, safeguard your employees and secure the future of your business. Let our team of financial advisers help you build a strong foundation for lasting business success.
Group pensions provide employees with an efficient way to save for retirement, with contributions from both the employee and employer. These schemes not only offer financial security in later life but also carry tax advantages, making them a key part of workplace benefits.
Find out more about group pensions
Group Death in Service is a valuable benefit that offers financial security to employees’ families in the event of death. It’s a cost-effective way for employers to provide important protection, ensuring employees’ loved ones are supported during difficult times.
Find out more about group death in service.
Group Income Protection (Group PHI), is a type of employee benefit provided by employers to offer financial protection in the event that an employee is unable to work due to illness or injury. It is designed to replace a portion of an employee’s income if they are temporarily or permanently unable to work for an extended period, providing peace of mind and financial security during difficult times.
Find out more about group income protection.
Shareholder Protection is a vital tool for businesses with multiple shareholders, providing both financial security and continuity of business ownership. It ensures that shareholders have a clear and effective plan in place to deal with the unexpected death or illness of a partner, offering peace of mind to both shareholders and their families.
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If you have any questions regarding business advice please get in touch with our team of qualified financial advisers for a no obligation chat.
According to the UK Government website, it was estimated that at the start of 2024 there were 5.5 million UK public sector businesses.
5.45 million of these were categorised as small businesses (with 0 to 49 employees), 37,800 medium-sized businesses (with 50 to 249 employees) and a further 8,250 were categorised as large businesses with 250 or more employees.
Yes, under auto-enrolment regulations, employers must provide a qualifying workplace pension scheme and automatically enrol eligible employees.
It supports employee well-being, aids in retention, and can reduce costs associated with long-term absences.
Funding can come from life insurance policies taken out on each shareholder, with the proceeds used to buy the shares.
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