You no doubt have a health and safety policy, a data protection policy and even insurance against theft or fire. But what about the big risks? Could your business keep repaying its loans if a key member of staff was not available. Could your business still generate sufficient turnover if a key member of staff was taken ill or died? How would you and your family benefit from the business that you built, if your health significantly worsened?
Wise Financial Management can assist you in avoiding any potential penalties for not offering a stakeholder pension. We could also change a potentially expensive burden into a positive and easy to operate benefit that is appealing to staff, efficient to run and will meet the likely future minimum requirements. Utilising salary sacrifice, we could help to control the additional costs of pension contributions.