Where does planning a group scheme begin?
With the make-up of your team, the purpose of the benefit and the budget. We consider whether you need common cover, family membership options or eligible categories with different benefits.
How we plan around your needs
We define what you want it to provide.
Healthcare support, recognition or long-term capital accumulation. Each objective calls for a different design.
We compare cost and practical use.
We review the total cost, any employee contribution, the benefits and how the service is delivered.
We arrange communication and reviews.
Your people need clear information about benefits, exclusions and who to contact. The team’s composition and the terms are reviewed.
Before you choose
- Group composition, eligibility and any family cover.
- Benefits, limits, co-payments and how to use the cover.
- Employees joining and leaving, renewal and cost.
- Tax incentives where applicable, checked by your accountant.
Your first questions
Can there be targeted executive benefits?
We consider eligible categories with clear criteria. For group savings or retirement arrangements, we also discuss contributions, vesting and leaving the scheme, where relevant.
Are there tax incentives?
For selected plans and subject to conditions. Applicable limits and their treatment for the business and employee are checked separately with your accountant.
Prepared by: Iakovos Perchanidis · Updated
Back to: BUSINESS & PEOPLE