Services for Businesses:

At Principle Financial Planning Limited, we provide a comprehensive suite of financial services designed to help businesses achieve their commercial goals whilst also ensuring employee satisfaction and protection. Below, you will find an overview of the key services we offer. For more detailed information, please select the relevant page.

Workplace Pensions

Workplace pensions are a critical benefit that helps businesses attract and retain employees while providing a valuable retirement savings option for staff. Our workplace pension services include helping employers select, implement, and manage pension schemes that comply with regulatory requirements and meet the needs of their workforce. We guide businesses through the process of auto-enrolment, contribution management, and ongoing administration, ensuring that the pension scheme is both efficient and beneficial for employees. By offering workplace pensions, businesses demonstrate their commitment to their employees’ long-term financial well-being.

Group Protection

Group protection insurance is essential for safeguarding the financial security of a company’s employees and their families. Our group protection services include advising on group life insurance, group income protection, and group critical illness cover. These benefits provide financial support in the event of illness, injury, or death, helping to alleviate the financial burden on employees and their families. We work with businesses to design and implement group protection packages that suit their budget and employee demographics, enhancing the overall benefits offering and fostering a supportive work environment.

Shareholder Protection

Shareholder protection is vital for ensuring business continuity and stability in the event of a shareholder’s death or critical illness. Our shareholder protection services help businesses establish agreements and insurance policies that provide financial compensation for the purchase of shares, ensuring that the remaining shareholders can retain control of the company. We assist in setting up cross-option agreements and selecting appropriate life and critical illness insurance policies. This planning helps prevent potential conflicts, protects the business’s interests, and ensures that the shareholders’ families receive fair value for their shares.

Business Property Purchase Including the Use of SIPPs

Investing in commercial property through Self-Invested Personal Pensions (SIPPs) offers a tax-efficient way for business owners to secure premises while growing their retirement savings. Our services include advising on the purchase of business property using SIPPs, evaluating the feasibility of such investments, and structuring transactions to optimise tax benefits. We guide business owners through the complexities of SIPP regulations, property selection, and ongoing management. This strategic approach allows business owners to leverage their pension funds to acquire valuable assets and achieve long-term financial stability.

For more information on any of these services, please visit the specific pages dedicated to each area. At Principle Financial Planning Limited, we are committed to providing expert guidance and tailored solutions to help businesses achieve financial success and security.