14 October 2015

Business Financial Services - What We Do.jpgBusiness financial services – What we do

Belfast based Census Financial Planning provides a full range of business financial advice and services, tailored to the varied needs of business organisations and employees.

Truly independent, we constantly research the business financial services market to ensure that we recommend the best products and services to meet our business clients' requirements.

We provide continuing business financial advice and administrative support to ensure the smooth running of any schemes and allowing our clients to remain focused on their main business objectives.

In addition, we also specialise in hosting financial education seminars for employees. Seminars are informal and flexible but tailored to meet the needs of the employees within the brief expressed by the employer. Seminars can be arranged on-site for easier attendance with minimum disruption to the workplace.

The main areas of business financial advice that we cover are:

Health and Risk Benefits for Businesses and Employees

We adopt an integrated approach to risk benefits by improving solutions and containing costs. We consult on private healthcare, life assurance and income protection schemes. By ensuring that a business clients' health and risk benefits are aligned to their HR practices we are able to negotiate excellent terms and deliver genuine savings.

Company Pensions - Consultancy

We offer a comprehensive range of company pension consultancy services to our clients including defined benefit, defined contribution and group personal pensions. Our scope is widened further with specialist advice in relation to Self Invested Personal Pensions and Small Self Administered Schemes.

Company Pensions - Risk Management

In response to the changing landscape for defined benefit company pension schemes, many employers have made changes to future pension provision. Most defined benefit company pension schemes are now closed to new joiners but more and more companies are taking the next step by changing future defined benefits for existing employees. These changes typically only affect future pension benefits rather than the liabilities that have been built up over previous years. In most cases this means a large legacy issue still remains, requiring careful and active management. We provide a comprehensive approach to these issues, obtaining the necessary analytical tools and giving clients access to a platform of investment solutions.

Business Investment Consultancy

This is a collective investment approach to meet specific employer and employee needs. We work strategically with our clients, looking at how to best use the totality of their assets over the long term to maximise their financial potential to meet their specific drivers. We create an investment strategy aligned to achieving long-term goals. In other words, financial planning dictates the investment strategy. Neither of these can be done professionally without a comprehensive view. Only when we have fully understood all that we need to, will we recommend a plan of action supported by an approach tailored to your specific requirements.

Business Protection

Ensuring that an unforeseen event doesn't jeopardise both your business itself and the income partners/shareholders and directors derive from it is paramount in any business. Key person insurance is as important as insuring your stock, equipment and business assets. It plugs the financial gap by death or serious illness of designated key individuals. We can advise business owners and directors on strategies that can help reduce your income and capital gains tax liabilities, business transition and succession planning so more wealth can cascade down the generation.