Telephone
01295 698600

Email
info@cherwellfs.co.uk

Ground Floor
Unit 15 Somerville Court
Trinity Way, Banbury Business Park
Adderbury, Oxfordshire
OX17 3SN

GET DIRECTIONS

Telephone
01295 698600

Email
info@cherwellfs.co.uk

Ground Floor
Unit 15 Somerville Court
Trinity Way, Banbury Business Park
Adderbury, Oxfordshire
OX17 3SN

GET DIRECTIONS
BUSINESS

You may already run your own small/medium sized business or be thinking of setting one up. 

If you do, you may be unaware of the need for financial planning when it comes to your business and may need help with areas such as.

  • Work place pensions/Auto Enrolment
  • Executive Protection
  • Shareholder Protection
  • Relevant Life Protection

The implications of not addressing such areas could result in loss of revenue or even business failure.

DOES YOUR COMPANY/EMPLOYER
HAVE A PENSION SCHEME?

Work place pensions/ Auto Enrolment

A workplace pension is a way of saving for your retirement that’s arranged by your employer. Some workplace pensions are called ‘occupational’, ‘works’, ‘company’ or ‘work-based’ pensions.

LEARN MORE

Executive Income Protection

How would your business survive in the event of your long term illness?

If you are a key member of staff then you can insure against you being off work long term to ensure your firms ongoing success, reducing the worry and concern on you the Key Personnel of the business. If this is a concern to you enquire above.

WHAT WOULD HAPPEN
IF ONE OF THE KEY SHAREHOLDERS
WERE TO PASS AWAY?

Shareholder Protection

Shareholder protection is a form of insurance which protects the company and company shareholders against the critical illness or death of an owner or shareholder in the company.

In the event of a business owner or shareholder dying or being diagnosed with a terminal or specified critical illness, share protection can provide a lump sum to the remaining business owners.

This means that in the event of a valid claim being made during the length of the policy, the lump sum could be used to help purchase the deceased partners/shareholding directors/members interest in the business. If this is a concern to you enquire above.

Relevant Life Protection

A Relevant Life policy is an individual ‘death in service’ life policy. It is a term assurance plan which pays a lump sum benefit to the insureds loved ones, if they become terminally ill or die during the term of the plan.

The policy is similar to life insurance but can be a very useful tax efficient alternative, whilst also providing a valuable ‘death in service’ benefit for you and your employees. Relevant Life Policies have unique tax benefits because the insurance policy is paid for by the business on the behalf of the employee.

While the policy is personal to you and your employees’ the policy counts as an allowable business expense – it is also tax deductible and doesn’t count towards annual or lifetime pension allowances. Effectively the tax man helps you pay for yours and your employees life cover.

HAVE YOU OR YOUR
EMPLOYEES HAVE LIFE INSURANCE?

Cherwell Financial Services Ltd is directly authorised and regulated by the Financial Conduct Authority. Registered Office Ground Floor, Unit 15 Somerville Court, Trinity Way, Banbury Business Park, Adderbury, Oxfordshire, OX17 3SN.

Registered in England. No. 08566532

©Cherwell 2018