Corporate Consulting
A key factor to the ongoing success of any business is its employees, but what if the unexpected happens to someone you depend on?
Preparing for the unexpected
Insuring key-persons
To lose a director or employee with specialist skills or knowledge of their company through death or incapacity, can be both distressing and damaging to the business. Key-person insurance goes some way to make this period of transition easier and less expensive.
Benefits include:
Life assurance protection for shares
Should a director pass away unexpectedly, the remaining shareholders may have insufficient funds to purchase their shares in the business. Insuring your company's future and your investment is key, so it's important to choose the right level of cover and policy option for your needs.
Death in Service / Income Protection / Critical Illness
We can implement the above benefits for your staff by researching the whole market to find the most cost effective solution. If you have existing schemes then we can look to replace these with better value plans from other providers or even re-negotiate terms with your existing provider to save your company money.
Preparing for the future
Employee Benefits
Every business is different and within every industry there will be varying motivating factors to get the best out of staff and retain them. With this in mind, it is vital to implement the most suitable rewards.
At Avidity Wealth Management Ltd. we will work with you to design the most appropriate benefits package to suit your business and your staffing needs. This can range from just pensions advice for selected individuals to the implementation of Flex Benefits packages for all staff.
Because of the varying nature of employment contracts and taxation levels between directors and employees, it may be preferable to set up separate pension plans to suit these different circumstances.
Directors Pensions
A self-invested pension is often the most appropriate vehicle for directors as it allows them to take control of the investment strategy of their fund, with our advice directors can make their pension plans work harder for them. This will frequently involve using some of the additional flexibility provided by self-invested pensions such as commercial property purchase or land purchase - such strategies can prove very tax efficient.
For further information on this go to our SIPP/SSAS section.
A key factor to the ongoing success of any business is its employees, but what if the unexpected happens to someone you depend on?
Preparing for the unexpected
Insuring key-persons
To lose a director or employee with specialist skills or knowledge of their company through death or incapacity, can be both distressing and damaging to the business. Key-person insurance goes some way to make this period of transition easier and less expensive.
Benefits include:
- Cost-cover for a temporary replacement
- Cost-cover for recruiting a permanent replacement
Life assurance protection for shares
Should a director pass away unexpectedly, the remaining shareholders may have insufficient funds to purchase their shares in the business. Insuring your company's future and your investment is key, so it's important to choose the right level of cover and policy option for your needs.
Death in Service / Income Protection / Critical Illness
We can implement the above benefits for your staff by researching the whole market to find the most cost effective solution. If you have existing schemes then we can look to replace these with better value plans from other providers or even re-negotiate terms with your existing provider to save your company money.
Preparing for the future
Employee Benefits
Every business is different and within every industry there will be varying motivating factors to get the best out of staff and retain them. With this in mind, it is vital to implement the most suitable rewards.
At Avidity Wealth Management Ltd. we will work with you to design the most appropriate benefits package to suit your business and your staffing needs. This can range from just pensions advice for selected individuals to the implementation of Flex Benefits packages for all staff.
Because of the varying nature of employment contracts and taxation levels between directors and employees, it may be preferable to set up separate pension plans to suit these different circumstances.
Directors Pensions
A self-invested pension is often the most appropriate vehicle for directors as it allows them to take control of the investment strategy of their fund, with our advice directors can make their pension plans work harder for them. This will frequently involve using some of the additional flexibility provided by self-invested pensions such as commercial property purchase or land purchase - such strategies can prove very tax efficient.
For further information on this go to our SIPP/SSAS section.