Truly independent financial advice

Employee Benefits

If your firm doesn't offer benefits such as life protection to your employees then you are not maximising the value-for-money opportunities in your staffing costs.

It pays to consider the cost benefit analysis of the various options for your particular set of employees.

In many cases your employees will understand the value of the benefit to be more than it is, this makes such benefits a useful tool in remuneration negotiations with either individual staff or groups.

The benefits also assist in the efficient management of your firm by providing essential cover for certain risks.

  • Life Insurance: Setting up a group life insurance can be a good idea (it's normally part of a pension), and if you have key staff with health issues it can be a way to give them insurance they'd otherwise not purchase.

  • Income Protection: When a valued employee is unable to work any longer due to ill health, it can be very difficult. But if the employee has income protection as part of their package, then their salary is largely protected by the insurer. This alleviates much of the risk associated with losing key staff and is better for everyone concerned.

  • Critical Illness Cover: Staff can be provided with a lump sum payment (usually equal to two years' salary) if they get a serious, but not immediately fatal, listed illness (e.g. some forms of heart attack, stroke and cancer).

  • Medical Insurance: It's always useful having access to private health cover. Employees' productivity can be impaired when they are waiting for the NHS to address non urgent yet debilitating illnesses. It is always of benefit to the company if employees can get health issues dealt with sooner by having private health cover.

  • Pensions: Employers are able to set up schemes that offer better value for money for the employees than if they all set up their own - groups can often get discounts which individuals can't. Better for both employers and employees.

The FCA does not regulate employee benefits.

Kennet Financial Services

Our aim is to offer clients Financial Peace of Mind and Real Value for Money

About us

Independednt Financial Advisers (IFAs) based in Devizes, Wiltshire

Our philosophy is simply to guide our clients through the various stages in their lives where expert financial guidance is required from an experienced and trustworthy adviser.

Our aim is to help our clients achieve their financial objectives in a tax efficient and easily maintained manner with clear, uncomplicated solutions.

The reward is being able to work at achieving a long and happy association with clients where trust and transparency are paramount in the relationship.

Advisers David Kinch and Ben Trow have many years experience working with Individuals and Businesses and have built a reputation based on trust and the ability to explain what can be complicated subjects in easy to understand ways both face to face and in writing.

We use our experience to cut through the jargon unfortunately plaguing our Industry to provide options and solutions tailored to your needs.

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We serve people best who:

  • have little time and/or expertise to manage their financial affairs
  • are seeking expert financial advice and/or investment review
  • want help to formulate and maintain a clear financial plan and strategy to make the most of their hard earned money
  • need a “sounding board”
  • want the discipline of a regular review of their finances
  • are seeking a sense of control, peace of mind and financial freedom
  • regard service and a trusted relationship as key to working with advisers of any sort

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Our Specialist Areas

The Financial Services Authority does not regulate Taxation & Trust advice or Will writing.

Kennet Financial Services provides services like financial planning and financial advice, tax, personal pension advice as well as business advice. We also provide many other types of advice and private investing in Devizes, Wiltshire.

We offer a comprehensive financial planning service to include tax planning opportunities. We also provide a bespoke investment management service with an emphasis on strategic asset allocation.

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