Get the benefits with Edge Financial Group
When it comes to employee benefits, contact Edge Financial Group’s employee benefits specialist, Tanya Koertzen, who will assist you.
Employee benefits typically refer to retirement plans, health, life insurance and disability.
Individual benefits are increasingly expensive for businesses to provide to employees, so the range and options of benefits includes group risk, group pension/ provident, group disability, group severe illness, group funeral and group health.
Group risk benefits are designed to protect and insure employees in the event of longterm illness or death while working for an organisation.
Funeral cover can be extended to the employee’s direct family. This makes the benefit even more attractive and more valuable to both the employer and employee.
The importance of employee benefits for the employer & employee: Employer:
No personal or company risk Focus on core business. Retention of key employees and attract new employees.
Protection of employer “bottom line no unforeseen expenses Professional trustees Good governance
Fund involvement (employer committees)
Tax incentive for approved funds.
Employee:
Reduced costs for members Protection of family interest in the event of death
Can make ad hoc voluntary contributions to the fund to increase retirement capital.
Protection of benefits against creditors
Member education and financial advice
Member service and communication Flexibility
Member representation
Edge Financial Group will assist you with starting a new scheme or compare your current retirement funding structure and cost against new industry standards.
This service will ensure that both you as an employer and the members of the fund are getting value for money and the appropriate solution is being applied for your specific needs
ensuring cost effectiveness and member specific needs.