Your employee benefits package
With changes to taxation, changes to pensions, higher levels of debt and savings at an all time low, more people are finding they need some form of financial guidance or advice.
Your benefits package may not be at the forefront of your mind, but it’s important you take an active interest, understand what’s available, and how you can get the most out of your employee benefits package – after all it’s a series of benefits for you.
Your pension
The pension scene has changed beyond recognition in recent years.
- automatic enrolment means you are likely to be a member of your company pension scheme and you’ll want to know your pension options;
- pension freedoms introduced in 2015 means if you are aged 55 and over you can make highly significant decisions that could affect your retirement income; and
- 2016 saw the law on allowances change, with ramifications for higher earners and those with large pension pots.
Your wellbeing benefits
These could include Group Life Assurance, Group Income Protection and Critical Illness Cover. And it’s worth exploring if these benefits are available to you, as they can provide financial protection to you and your family.
- Do you understand what group risk benefits are available to you?
- Are you able to change the level of cover to fit your needs?
- Could you manage financially in the event of long-term sickness?
Help with your finances
Managing our own finances has become more complex
Managing our finances has become more complex, and more people than ever are finding they need help with their finances.
You may be fortunate enough to receive some form of financial education or advice through your employer, but if you don’t, you may want to talk to an adviser.
Should you need financial advice, relating to your pension, protecting your money and ensuring your family are looked after or mortgage advice, we can help. Contact Secondsight on: info@second-sight.com
Accessing pension benefits early may impact on levels of retirement income and is not suitable for everyone. You should seek advice to understand your options at retirement.
Already working with Secondsight?
Find out how to contact us
If you already know us, you may need to speak to one of our team, you can contact us on: info@second-sight.com
Key documentation for employees
Financial wellness score privacy policy
Your benefits online with Mybenefitsatwork
You may have access to our online benefits communication tool through your employer. If you do, you can log on here. Learn more about your benefits through a series of videos, animation and easy to understand explanations. You can access Mybenefitsatwork on all mobile devices, your PC or laptop 24 hours a day / 7 days a week.
The rules around how we protect your personal data are changing
We are committed to treating your personal data with the utmost care, and will treat all personal data as confidential. We will not process it other than for legitimate purposes.
You can find more information on our website through our updated privacy policy, which is in line with the requirements set out by the General Data Protection Regulation.
Client Testimonials
We've thoroughly enjoyed our introduction to Secondsight. The whole team is exemplary in their commitment to providing excellent and efficient service and we wouldn't hesitate to recommend them to other law firms or professional services firms seeking a refreshing approach to managing their employee benefits. We are looking forward to continuing our relationship with the business over the coming years.
Caroline Stevens, Director, Crowell & Moring
The ideas and connections Secondsight have brought to Epson, and our local HR team, have been invaluable and meant we have set new financial benefits and wellbeing solutions in place that we would simply not have done before.
Stuart Chalmers, HR Manager UK, Ireland and Nordics, Epson Europe
The world of pensions can be quite grey but you always bring a huge amount of colour to it. I have never been so engaged with pensions and neither have our employees. I would highly recommend you and your team.
Alison Field, Group HR Director, Briggs Equipment
Communication and employee word of mouth have been key to its success to date. We truly believe that the financial education programme is an excellent investment - both in terms of time and money.
Rick Hewitt, Finance Director and Board member at Ricoh
A* customer service and assistance. Nothing is too much trouble.
Jane Howard, Payroll and Rewards Officer, Yazaki Europe
Over the last three years, this team has been proactive and efficient, highly knowledgeable plus friendly and easy to deal with.
David Barry, HR Manager, Manufacturing Technology Centre
Secondsight were very knowledgeable and supportive for staff throughout the process of discussions around the TPS, providing clear information and one to one support for staff that required further detail.
The team at Secondsight also helped set up an alternate solution, enabling an easy and effective transition to the new provider. They were very much instrumental in the success of the whole process.
Director of Finance and Operations/Clerk to the Governors, Shrewsbury House School Trust Limited
Secondsight has been working with us for more than a decade. We greatly value the consultancy support provided, in that it serves to guide us through the oft complex nature of pensions.
Throughout our relationship, Secondsight has proven reassuring, comprehensive and professional. This has enabled us to take prompt and effective action where required.
We have also welcomed their support in ensuring that our member communication is clear and informative. We commend them for service they offer.
Bursar, Lord Wandsworth College
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