Employee benefits

We understand the importance of offering attractive employee packages that go beyond financial considerations. These can impact employees significantly and support with retirement and retention of staff as well as support their wellbeing.

Our expert team works closely with employers to design comprehensive employee benefit packages tailored to your organisation's and employee needs. Through St. James's Place we have access to trusted panel providers, we can incorporate a range of valuable benefits into your package, such as group life insurance, sickness policies, and healthcare and dental care options, helping you demonstrate your commitment to the overall health and welfare of your staff.

By offering such comprehensive employee packages, you can enhance your company’s appeal and differentiate yourself as an employer of choice. This, in turn, fosters staff loyalty and can attract top talent to your organisation.

Pensions

With our expertise and comprehensive support, we empower employers to navigate the complexities of pension regulations, enabling you to fulfill your obligations while optimising the benefits for both your business and your employees.

We work closely with employers to ensure a clear understanding of the following:

• Auto Enrolment Requirements: We guide you through the requirements of Auto Enrolment and help ensure your compliance with the legislation.

• Streamlining Administrative Burdens: We understand that Auto Enrolment can impose additional administrative burdens. Our expertise and support aim to minimize these challenges, making the process as painless as possible for you.

• Enhancing Recruitment and Retention: We highlight the benefits of your pension scheme when it comes to attracting and retaining top talent. By offering an attractive pension package, you enhance your ability to secure and retain exceptional employees.

• Preparedness for Future Changes: We assist you in positioning your company for any future legislative changes or company-specific developments, ensuring you stay ahead of the curve.

Through access to carefully selected market-leading pension providers, we can provide guidance on a range of pension products tailored to your specific needs.

The value of a pension with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

Auto enrolment is not regulated by the Financial Conduct Authority.

Cash management

As a small business ourselves, we recognise the importance of effective cash management for business owners. Efficient cash flow is vital for sustaining operations, managing expenses, and fueling growth.

We help business owners gain a clear understanding of their cash position, enabling them to make informed decisions regarding investments, debt management, and working capital optimisation.

For funds that are currently not being utlised, the St. James’s Place cash management solution powered by Flagstone can be an effective way of maximising interest rates and FSCS protection. For longer term solutions corporate investments within the business is another option.

Our goal is to empower business owners with the tools and knowledge to effectively manage their cash resources, ensuring financial stability and resilience.

The Flagstone cash management service involves the referral to a service that is separate and distinct to those offered by St. James's Place.

Risk management

In the face of unforeseen events involving key directors or employees, the potential consequences for your business can be far-reaching, even disastrous.

When circumstances beyond your control arise within your business, the negative impacts can include:

• Profit loss

• Loan recalls

• Reduced capacity and productivity

• Loss of key clients and contacts

• Diminished practical expertise

To mitigate the potential fallout from these events, wise planning and appropriate insurance coverage are paramount. As part of our comprehensive corporate service, we conduct an in-depth review of your business. Drawing from our expertise, we collaborate closely with you to develop a tailored insurance programme that safeguards your business against a wide range of risks.

Our dedicated team is equipped to navigate the complexities of corporate risk management, providing you with peace of mind and the confidence that your business is protected. With our assistance, you can focus on driving your organisation forward, knowing that your interests are secure and your future is safeguarded.

Profit extraction

Effective profit extraction planning is essential for business owners and directors to optimise their financial returns while minimising tax liabilities.

We understand the intricacies of profit extraction strategies and work closely with our clients to develop personalised plans tailored to their unique circumstances. Whether through salary arrangements, dividends, pensions, reinvestment or other tax-efficient methods, our expert advisers guide business owners and directors in making informed decisions that maximise their profit extraction while ensuring compliance with relevant regulations.

The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is dependent on individual circumstances.

Exit planning

Preparing for a successful exit is a crucial step for shareholders and directors looking to transition from their business ventures. Our experienced advisers work closely with shareholders and directors to develop tailored exit strategies that align with their goals and objectives, ensuring a smooth and financially rewarding transition.

We understand that exit planning involves careful consideration of various factors, such as business valuation, succession planning, tax implications, and wealth preservation. Our team leverages their expertise and market insights to provide strategic guidance at every stage, helping you make informed decisions and optimise your exit outcome.

Whether you are seeking a sale, management buyout, merger, or other exit options, we offer a personalised approach that takes into account your unique circumstances and aspirations. Our focus is on maximising value, minimising risks, and securing your financial future beyond your business.

Exit strategies my involve the referral to a service that is separate and distinct to those offered by St. James's Place.