A guide to financial advice for business owners
It is often in the best interest of a small business to put in place an agreement that allows the servicing partners or shareholders to buy out the interest of the deceased partner/ shareholder. There are a number of ways of doing this depending on your company circumstances.
Workplace Pensions/ Auto Enrolment
This is a government initiative to help people save for later life. The scheme is being rolled out until 2018. If you employ one or more members of staff, you have a legal duty to ensure you enrol any eligible employees to a pension scheme.
We have been supporting local businesses through their auto-enrolment duties since 2012.
We offer advice in ways to help an employer attract or retain employees. We can offer help and advice from a whole workforce to an individual on benefits including private medical insurance, life assurance, critical illness and income protection.
If you are looking at your pension transfer options, we specialise in UK Final salary schemes through to individual pension pots accumulated over a working life. We will discuss with you how to go about transferring benefits and the risks involved if you opt out to do so.
Areas of Specialism
Retirement planning is a complex area whether it is deciding which pensions can be or should be transferred, or how to take income in retirement. We can give you invaluable help to guide you in the most tax efficient manner into your retirement years.
With over 20 years’ experience in this field, we have assisted individuals and groups in successfully purchasing commercial property through their pension funds. Looking in detail at the advantages and disadvantages of direct investment in property, costs involved and potential benefits to your business.