Group Solutions

Ensuring you have protection in place makes good business sense, protecting your bottom line should your staff fall sick or suffer bereavements.

Group Protection

There are various benefits packages that can meet the needs of your business and provide the right service to your firm. Putting protection in place makes good business sense, without your employees a business cannot achieve its objectives, and Group Protection contributes to your bottom line by offering key protections. It also helps you attract staff and assisting in rehabilitating them back into work after illness.

FOL Wealth can advise on the best Protection for you and your firm, ensuring your bottom line is protected and your business continues to thrive whatever happens to your staff.

GROUP INCOME PROTECTION

Group income protection provides a proportion of salary for an employee off work due to illness or injury, offering financial support for employees during illness or injury, including practical help and rehabilitation support to either keep them in work or get them back into the workplace as quickly as possible. This valuable benefit helps employers attract and retain quality staff.

GROUP LIFE

You can provide support for your employees’ loved ones when it really matters with this essential part of the benefits package. Group life assurance provides a lump sum and, or an ongoing income to survivors if an employee dies while covered by the policy, offering financial and emotional support for your employees’ dependants at a time when it’s needed most. Giving an additional and attractive benefit to your employees as well.

GROUP CRITICAL ILLNESS

Group critical illness provides a tax-free lump sum payment if your employee is diagnosed with a condition covered by the policy and survives a set period of time. This can mean financial support for employees when they are diagnosed with a critical illness or undergo an operation covered by the policy.

Group Pension

Auto-enrolment made simple

New legislation requires all employers to contribute to a qualifying plan, regardless of their size. Auto-enrolment aims to increase the level of retirement saving through the workplace and affects every employer in the UK. The auto-enrolment rules can be complicated and onerous and in addition to the cost of extra pension contributions, duties for employers include extensive administrative duties with heavy financial penalties for those who fail to comply. FOL Wealth advises our clients what to do when.
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Help is at hand

Many employers are struggling with the prospect of choosing a workplace pension scheme. There are many out there. From group personal pension schemes from a traditional pension provider or a master trust from one of the new companies?
FOL Wealth we work closely with you to fulfil your auto-enrolment duties, helping to take the headache away from you, saving you time and money. We do all the initial work (sourcing, scheme design, implementation and roll out) and all the ongoing work (continual compliance, member communications, and governance).

We save you time, so you don’t have to approach multiple pension providers for information as not all providers will offer suitable schemes for you. This is especially true for smaller employers. FOL Wealth provides a complete end-to-end solution, from complete guidance and assistance throughout the whole process to providing your own Chartered Financial Planner to manage the individual tasks in-house, we have a solution that will be right for you and your budget. We work regularly with all the leading pension providers and we know which ones have a scheme that will work best for your business.

Contact us to see how we can save you considerable time and money on the number of man-hours used researching auto-enrolment schemes and providers.
Folwealth is the trading name of Abi Fol Consulting Limited which is Authorised and Regulated by the Financial Conduct Authority (FCA) No 613305
Registered in England and Wales number 08195342. Registered Office: One Mayfair Place, London W1J 8AJ
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