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Encouraging employees to plan for retirement and top up their super
Staff are often happier and more content if they know that they have a plan working for them that will optimise firstly, their payout on retirement, and secondly, the investment opportunities both en route to retirement and after retirement.
Contingency planning
There are ways to use a tax-effective funding vehicle for long-term employees approaching long service or retirement, and for contingency funding for redundancies. This way you cover both bases – the financial obligations to pay all entitlements, and the opportunity for staff to consult with our Financial Planners on ways to maximise their payout and invest it wisely.
Access to personalised, professional advice
You can extend employee incentives to include value-added facilities such as personal consultations for relevant times in your employees' working life. These include salary sacrifice strategies, investing an inheritance, redundancy and retirement.
Super can provide flexible insurance options, too
Super isn't just for retirement. Using BT Business Super, you can provide for the ongoing protection needs of your employees (individually or in groups), en route to retirement.
These protection needs are contingencies or situations that might happen before retirement which have the potential to create financial hardship, unless properly planned for.
The key protection areas are death, total and permanent disability, and total and temporary disablement.
Choosing the right fund(s) and helping with individual member choice
With Choice of Fund legislation around the corner, we can help educate staff about their choices and ensure that they are comfortable with the options available through BT Business Super.
Arrange an appointment with one of our financial planners today.