While global stocks may have suffered their worst quarter in seven years, predicted profit growth in the US, UK and emerging markets during 2019 means investors could benefit from more earnings from the money they invested.
As we draw to a close on another interesting twelve months for global economies, it would be fair to say that we would all like to see some level of stability returning to the markets. From Brexit to the US/China trade wars, a combination of these political developments alongside pressure from rising interest rates and a stronger than expected tightening by the Fed, has caused almost all markets, both stocks and bonds, to fall in value.
Flexible and voluntary benefits packages are increasingly viewed as an effective way to address employee diversity, offer greater choice and improve the cost-effectiveness of the overall workplace benefits package. They provide a way for employees to buy or sell benefits to suit their individual needs.
Alongside the more traditional workplace benefits, employers are increasingly opting to extend their packages as a means to attracting and retaining key staff. In some cases, the cost of these benefits is carried by the employer themselves. However, there are certain categories where businesses can choose to transfer some – or all – of the risk associated with employee benefits to a third party. This is known as Group Risk Insurance.
Whilst absenteeism due to ill health is inevitable within any organisation, there are steps that businesses can take to help reduce the impact that this has on their bottom line. One option is to offer private medical insurance as a means of helping employees with health issues to access medical assistance faster and, as a result, get better quicker and return to work in a shorter period of time.
Finura is delighted to announce that we have been shortlisted, once more, in the Adviser Firm of the Year (London) category at the Professional Adviser Awards.
Since auto-enrolment commenced back in 2012, employees around the UK have been benefitting from contributions paid into their pensions by their employers. This, combined with the new pension freedoms allowing anyone over the age of 55 to take out their entire pension amount as a lump sum, paying no tax on the first 25%, has made pensions an increasingly attractive savings vehicle.