Our financial advisers have played an important role for the benefit of both employers and employees in recent years. Through careful analysis, our team have assisted trustees of pension schemes and employers in bridging the gap between unique corporate structures, such as complex pension schemes, and the personal finances of those looking towards retirement – the employees.

We explore here the specific value that our advisers bring to these stakeholders, highlighting the key benefits brought to trustees, employers, and employees.

I. Benefits for Trustees of Pension Schemes:

• Expert Advice: We bring in-depth knowledge and experience in managing pension schemes, assisting trustees in making informed decisions. With this knowledge, we help trustees meet their regulatory requirements, risk management protocols, and compliance procedures.
• Fiduciary Responsibility: Our advisers help trustees fulfil their fiduciary duty by providing advice and recommending suitable options to meet the needs of employees. This has enabled trustees to mitigate risks and enhance the overall security as well as sustainability of pension schemes.
• Monitoring and Review: Financial advisers continuously monitor and review pension schemes, assessing their suitability for employees. Regular reports and audits ensure compliance, identify opportunities for improvement, and provide ongoing support to trustees.

II. Advantages for Employers:

• Attracting and Retaining Talent: Offering consultation services demonstrates an employer's commitment to the financial well-being of their employees. This valuable employee benefit enhances the company's attractiveness to potential candidates and fosters loyalty and satisfaction among existing employees.

• Compliance and Risk Management: Employers are not classed as impartial and therefore cannot make a recommendation on behalf of an employee, whereas with our corporate structure built to deliver compliant advice, we can provide recommendations which ultimately both employers and employees are looking for. By seeking advice, this also reduces the likelihood of costly errors or penalties.
• Increased Productivity: Employees who receive expert financial guidance are better equipped to make informed decisions about their financial future. This leads to reduced financial stress, improved financial literacy, and increased productivity in the workplace. Our advisers can give a detailed cashflow projection, tailored to the employee’s retirement plans, after all tax charges and penalties, further empowering employees to make sound financial choices.

III. Value for Employees:

• Personalised Financial Advice: Financial advisers make recommendations tailored to each employee's unique circumstances, goals, and risk tolerance. We help employees understand registered and unregistered pension schemes, long-term incentive plans, company share schemes, share incentive schemes and share option schemes, empowering them to make informed financial decisions.
• Peace of Mind: By having access to financial advisers, employees gain confidence and peace of mind regarding their financial future. They can rely on professional expertise to navigate complex financial matters, ensuring a solid financial foundation and a more secure retirement.

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.