Business Financial Planning
Corporate financial planning is about far more than arranging employee benefits and pensions. It involves making certain you've taken all the right measures to be in the best position to achieve your business goals and the necessary steps to protect your business.
The Financial Conduct Authority does not regulate commercial financial planning
Key Man Risks and Shareholder Protection
If you own your own business you will need to consider what might happen if you or a key employee became ill and were unable to work? Or if you or a key employee died? Business protection can ensure your company can continue to operate no matter what eventualities may occur.
This might involve setting up critical illness cover, term assurance or a whole of life policy on your own life or the lives of other partners in your business. Equally, a Share Protection policy can provide funds for surviving partners to purchase the stake owned by a deceased partner to allow the business to continue.
Looking after your employees will assist you in both recruiting and retaining high calibre members of staff. We invest time in getting to know your business goals in order to advise you on the most suitable employee benefits that will fit together with your business plans before we make a recommendation.
Solutions could include: Flexible benefits, pensions, death in service, group income protection insurance, group critical illness cover or private medical insurance.
We would be happy to recommend suitable plans for you and your employees either for a range of benefits or focusing on one area.
THE POLICY MAY NOT COVER ALL DEFINITIONS OF CRITICAL ILLNESS. FOR DEFINITIONS PLEASE REFER TO THE KEY FEATURES AND POLICY DOCUMENTS
Pensions remain one of the most tax-efficient ways for business owners and company directors to save for their retirement.
Any Company contributions will normally receive Corporation tax relief whilst you will receive tax relief at your highest marginal rate on any personal contributions (subject to certain limits).
A pension can be a way of extracting business profits tax-efficiently for the benefit of a director or business owner.
This will grow free from most taxation, provide a tax-free lump sum and an income afterwards, when you decide to retire or take the benefits.
A PENSION IS A LONG TERM INVESTMENT THE FUND VALUE MAY FLUCTUATE AND CAN GO DOWN. YOUR EVENTUAL INCOME MAY DEPEND UPON THE SIZE OF THE FUND AT RETIREMENT, FUTURE INTEREST RATES AND TAX LEGISLATION.