Tel: 01189469717, Email: ion@assets.ltd.uk, Chiltern Chambers, St Peters Avenue, Caversham, Reading, Berkshire, RG4 7DH
Assets Financial Services
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    • What We Do And How We Work
    • Our Service Principles
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  • Saving for Retirement
    • Personal Pensions
    • Self Invested Pensions - SIPP and SSAS
    • SIPP Commercial Property Purchase
  • Retirement Choices
    • Annuities
    • Flexible Retirement - Drawdown and Phased Retirement
    • Pension Lifetime Allowance
  • Investment
    • Investment Process
    • Collective Investments
    • VCT and EIS
  • Estate Planning
    • Wills & Power Of Attorney
    • Making The Most Of Allowances
    • Trust Based Schemes
    • Other Strategies - BPR/AIM and Life Assurance
  • Corporate
    • Key Person, Co-shareholder and Relevant Life Cover
    • Pension Arrangements For Businesses
    • Other Employee Benefits
  • Other Services
    • Equity Release
    • Insurance Services
  • Home
    • About Us
    • What We Do And How We Work
    • Our Service Principles
    • Contact Us
  • Saving for Retirement
    • Personal Pensions
    • Self Invested Pensions - SIPP and SSAS
    • SIPP Commercial Property Purchase
  • Retirement Choices
    • Annuities
    • Flexible Retirement - Drawdown and Phased Retirement
    • Pension Lifetime Allowance
  • Investment
    • Investment Process
    • Collective Investments
    • VCT and EIS
  • Estate Planning
    • Wills & Power Of Attorney
    • Making The Most Of Allowances
    • Trust Based Schemes
    • Other Strategies - BPR/AIM and Life Assurance
  • Corporate
    • Key Person, Co-shareholder and Relevant Life Cover
    • Pension Arrangements For Businesses
    • Other Employee Benefits
  • Other Services
    • Equity Release
    • Insurance Services

Other Employee Benefits

Many firms choose to provide additional employee benefits to compliment a pension arrangement; there follows a summary of some of the more common choices which you may wish to consider. We can work with you to create a package that is appropriate to your firm’s needs and ensure that you receive competitive terms. 


Death In Service Cover 


Death in service pays a lump sum, and/or dependents' pension in the event of an employee dying. The arrangement takes advantage of pension legislation so that the lump sum may be paid free of Inheritance Tax and the firm can claim tax relief on the cost. 


Death in service schemes are typically intended to cater for workforces of five or more employees. The same advantages of tax relievable, company paid life assurance may be provided for one or more directors by using the Relevant Life Policy legislation. Please see the ‘Key Person, Co-shareholder and Relevant Life Cover’ page for more detail.  


Private Medical Insurance 


Private Medical Insurance (PMI) typically provides private medical treatment for qualifying, acute, curable medical conditions and may pay for inpatient and outpatient treatment, accommodation costs and other benefits. Private treatment can mean all the difference between an employee being sick and unproductive whilst they await treatment or receiving the appropriate care and then returning back to work promptly. Research shows that PMI is highly valued by employees and is an effective aid to recruitment.  


Income Protection 


Income Protection is sometimes referred to as Permanent Health Insurance (PHI) and is intended to provide an employee with a replacement income during prolonged  periods of illness or disability.  This removes the financial burden from the company and ensures that the employee's financial position is protected. 


Critical Illness Cover 


An increasing number of companies are arranging critical illness cover to ensure that a lump sum is available to an employee to assist them in dealing with the consequences of a critical illness. 


The range of choices available is wide from a broad range of insurers. We can provide independent, unbiased advice to guide you through the choices and ensure that cover is placed with the most competitive insurers. 


We have provided independent financial advice to businesses for many years in Brighton, Hove, Sussex, London, Reading and the South East. We would be delighted to discuss your employee benefits needs. Please contact us for further information. 

Assets Financial Services is a trading style of Sage Roxborough Ltd,  which is authorised and regulated by the Financial Conduct Authority. Sage Roxborough Limited is entered on the FCA register (https://register.fca.org.uk/) under reference 718005. The information and content of this website is intended for UK consumers only and is subject to the UK regulatory regime. The FCA does not regulate some forms of mortgages and tax planning advice. Registered office 168 Church Road, Hove, BN3 2DL. Registered in England No. 05478319
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