CORPORATE FINANCIAL SERVICES – Pension Services

Your key business asset is your workforce and in a dynamic employment market you must stand out from your competitors to attract and retain the best staff.

The benefits package you offer could provide that advantage and City Financial can help select the best option for both you and your staff.

One of the key features of your package ought to be pension provision for your employees. If your business employs five or more staff you are now legally required to provide access to a Stakeholder Pension or a suitable alternative group personal pension plan or your firm will face financial penalties if you fail to do so.

Tax Benefits
A group pension scheme brings tax benefits to both you and your employees. Because it is a business expense the payments you make are fully deductible and there are no National Insurance contributions to make on your payments.

Pension Transfers
Our pension transfer service analyses existing scheme charges and fund performance, pulls them together and transfers the resources to a provider who can give better terms. With the flexible packages available in the marketplace we will meet with each existing or new member to discuss their individual circumstances and explain the benefits on offer by the employer.

Professional Support
We will fully support the trustees of occupational pension schemes, providing them legislative financial and investment advice on either a full time or consultancy basis. We will be able to guide your through all the options and advise on legislative changes and select options tailored to the specific needs of your business and staff.

We have the advanced technology in place to make the administration as simple as possible and we will publicise the plan to your employees to encourage take-up. We can second someone to your company to help set up the scheme and we can provide a payroll deduction facility when it is operational.

Minimal Cost
It need cost you nothing other than the small initial outlay for setting it up and the administration costs because you can simply decide to set up the plan and make no payments into it yourself.
With changes in legislation it is important that you review your existing company pensions now – or consider setting up a scheme – and our pension experts will sit down with you to give the best advice available in the area and provide an unrivalled one-to-one service in the future.

To talk to one of our advisors, call 0800 3893345 or email info@city-financial.co.uk