Employee Financial Wellness Events

Linking employees important financial decisions to their life goals.

Employee Financial Wellness understands that within the financial lifecycle of your employees that there are 2 key events that can lead to financial stress and anxiety. Often employees require information and guidance to help them make informed and sensible financial decisions which are framed in their overall financial wellbeing.

Pension Leavers

Pension trustees have responsibilities to ensure that employees are provided with a minimum level of detail when they leave an Occupational Pension Scheme.

Given the complexity of the options available employees will usually either “do nothing” or “do something they don’t fully understand”.

 

Redundancy Service

Voluntary and compulsory redundancies are a difficult time for employers and employees alike.

It is crucial that companies take steps to help their workforce take control of their finances and help them make the most of their redundancy payment. Employees need to be supported in dealing with the potential financial shock that leaving paid employment can bring.

Pension Leavers

Pension trustees have responsibilities to ensure that employees are provided with a minimum level of detail when they leave an Occupational Pension Scheme.

We know employees must receive, a Leaving Service Options Form and a Statement of Reasonable Projection however employees really struggle to understand the decisions they face and the options they have in the context of their overall financial world.

Often employees park these important decisions as they start work with a new employment and frequently employees end up not understanding when benefits can be accessed, their investment approach or their values or available options.

Given the complexity of the options available employees will usually either “do nothing” or “do something they don’t fully understand”.

Pension decisions should not be made in isolation and employees should be provided with a financial education service that places their retained benefit decision as part of their overall financial wellbeing.

Employee Financial Wellness – Pension Leavers service is an education programme for trustees and employers that will help employees to make an informed decision combining their stage of life, financial wellness requirements and overall personal situation as part of their leaving service pension decisions.

We conduct seminars, small group workshops and individual guidance clinics to help your employees make a sensible decision with regard to their retained benefit to suit their own life and family situation.

The Programme

Seminars

These theory seminars are delivered to show employees in a seminar format the various options that are available to them with regards to their pension options. These will include educating employees of waiving rights to future tax-free lump sums, options with retained benefits, investment overview and financial goal setting principals. We will then educate employees on how to be financially well and help them to understand how their pension benefits can support their overall financial wellbeing.

Workshops

These are smaller group workshops that allows us to teach employees in more focused way around the various elements of their pension options. These sessions are interactive and will looks at the financial planning principals in more depth to guide employees how a retained pension benefit can be utilised to suit their own life goals and dreams.

Clinics

These are 45 – 60 mins individual guidance sessions that look to give employees a high-level roadmap as to how to target the various financial events in their lives focusing on giving employees clarity on how to use their pension benefits to fit into their overall financial plans.

Seminars

These theory seminars are delivered to show employees in a seminar format the various options that are available to them with regards to their pension options. These will include educating employees of waiving rights to future tax-free lump sums, options with retained benefits, investment overview and financial goal setting principals. We will then educate employees on how to be financially well and help them to understand how their pension benefits can support their overall financial wellbeing.

Workshops

These are smaller group workshops that allows us to teach employees in more focused way around the various elements of their pension options. These sessions are interactive and will looks at the financial planning principals in more depth to guide employees how a retained pension benefit can be utilised to suit their own life goals and dreams.

Clinics

These are 45 – 60 mins individual guidance sessions that look to give employees a high-level roadmap as to how to target the various financial events in their lives focusing on giving employees clarity on how to use their pension benefits to fit into their overall financial plans.

Expertise

The Employee Financial Wellness Pension Leavers programme is designed and conducted by highly qualified financial planning experts who have a deep understanding of pension rules, trustee challenges and all leaving scheme options and technicalities.

*This is not a regulated financial advice service. This a financial guidance service so product recommendations will not be made to employees.

Redundancy Service

Voluntary and compulsory redundancies are a difficult time for employers and employees alike.

It is crucial that companies take steps to help their workforce take control of their finances. Employers need to help them make the most of their redundancy payment and to deal with the potential financial shock that leaving paid employment can bring.

How employees manage their finances and how they use a redundancy payment can have knock on effects. These effects can impact both positively and negatively for years into the future and that is why the Employee Financial Wellness – Redundancy Service was designed to support employees directly before they leave employment.

Employee Financial Wellness – Redundancy Service is an education and guidance service that looks to educate employees to make sensible financial decisions around their redundancy through the following programme options:

The Programme

Seminars

Theory-based seminars are delivered to show employees in a group format the various decision and technical elements that are contained around redundancy. We will show employees the 3-tax free redundancy calculation methods, their retained pension options and how a redundancy payment can be used against their various financial goals and dreams.

Workshops

These are smaller group sessions that allows us to teach employees in more focus, the details of the various elements of their redundancy. These sessions are interactive and will looks at the financial planning principals in more depth. This will help guide employees how best to allocate a redundancy payment and merge it with their existing financial plans.

Clinics

These are 45 – 60 mins sessions that look to give employees a high-level roadmap in how to target various financial events in their lives focusing on giving employees clarity around how best to use redundancy and pension assets.

Seminars

These theory seminars are delivered to show employees in a group format the various decision and technical elements that are contained around redundancy. We will show employees the 3-tax free redundancy calculation methods, their retained pension options and how a redundancy payment can be used against their various financial goals and dreams.

Workshops

These are smaller group sessions that allows us to teach employees in more focused details around the various elements of their redundancy. These sessions are interactive and will looks at the financial planning principals in more depth to guide employees how best to allocate a redundancy payment and merge that with their existing financial plans.

Clinics

These are 45 – 60 mins session that look to give employees a high-level roadmap as to how to target various financial events in their lives focusing on giving employees clarity around how best to use redundancy and pension assets.

Expertise

This programme is designed and delivered by highly qualified individuals ranging from Qualified Financial Advisers, Certified Financial Planners and Pension Trustee Practitioners.

*This is not a regulated financial advice service. This is a financial guidance service so product recommendations will not be made to employees.

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