Financial Services for Businesses
We take the time to understand your business, where you want it to go and what it means to you, so that we can give you the best business financial advice.
How We Help
Shareholder & Partnership Protection
One of the risks of a business is that one of the Shareholders or Partners may die or suffer a critical illness, with his or her share of the business passing to their beneficiaries. Many businesses will protect against this by putting in place a pre-arranged scheme that ensures the surviving partners have enough funds to buy out the departed partner’s interest in the business.
Key Person Insurance
Key Person insurance, also formerly called Key Man insurance, is an important form of business insurance. This is an insurance policy taken out by a business to protect against potential financial losses that could arise from the death or extended incapacity of an important member of the business.
All Employers have a legal obligation to provide a Workplace Pension and also make regular pension contributions for their staff since the introduction of Auto Enrolment. We’ll guide you through the whole process to ensure you complete your Employer Duties as required by with The Pensions Regulator.
The Financial Conduct Authority does not regulate some aspects of auto-enrolment’
GS Group can help in many ways but two of the most popular options our business clients ask are making employer contributions to their pensions as a business expense, and looking at options when selling their business to minimise tax.
Interest rates have been at a record low since 2009 and are likely to remain low. There are other Investment options for businesses who have surplus funds on deposit. Corporate Investments can be both tax efficient and offer more attractive returns for businesses who need their capital to work harder.
We provide a range of protection covers — Group life otherwise known as death in service, group critical illness cover and group income protection. These types of covers work like individual covers but can be provided to your employees at a reduced cost when compared to individual cover. It also has reduced medical underwriting and in many cases and can help with staff retention by providing a benefit that can provide real security for employees.
The value of an investment and the income from it could go down as well as up. The return at the end of the investment period is not garunteed and you may get less back than you originally invested.
How does it work?
This is at our own cost. You can expect one of our expertly qualified advisers to meet you at your own home or in one of our modern offices. Our advisers are friendly and will be able to help. The first meeting is an opportunity for you to tell us how and why you need help. It will also be an opportunity for you to meet your adviser and ask questions about our firm and your adviser.
The adviser will ask about your existing investments and some basic personal information and highlight our charges and ongoing service proposition. The adviser will also ask about your goals and objectives and begin to build a profile of your wants and needs.
If you decide to employ us as your financial advisers we will be more than happy to provide an ongoing service that will maintain your investments and help you make decision on your future. WE will review on a quarterly half yearly or annually any investments that you hold with ourselves along with checking that your protection arrangements are still valid. We provide updates on new legislation and make sure that your investments are tax efficient.
In the back ground we will be working hard within our investment committee to perform due diligence on your investments and meet with the fund managers and providers. A company the size of ours has significant influence and as a GS Group client you will benefit from significant discounts within your investment.