Our approach

Established in 1984, we have built a reputation for delivering excellent quality specialist employee benefit services to small and medium sized businesses. Our services include:

  • Implementation and ongoing administration of employee benefit schemes, including automatic enrolment workplace pension schemes, group death in service, group income protection and group private medical insurance.
  • Wealth management & investment portfolio provision to individual clients.
  • Retirement planning, life changing events such as inheritance,
    business sale, divorce etc, personal and family protection, investment management.
  • Pensioner payroll, accounting and actuarial services.

Corporate financial services

Sovereign® have experience in all aspects of providing, advising and consulting on Employee Benefits. From Occupational Pensions, providing third party administration services to Group Personal Pension Plans, from Death in Service to Healthcare, we offer a broad range of solutions to help meet business objectives as well as satisfying employees’ needs.

Group pensions and auto enrolment

We will help you choose the right group pension to fit your company needs. We research all areas carefully before making a recommendation and assist with the promotion and running of your scheme. We can even help you to choose a new scheme if your existing plan no longer meets your criteria.

We are fully conversant with the latest Workplace Pension Scheme legislation and all aspects of Auto-Enrolment. We endeavour to suggest a plan that works with your timetable and the likely cost and budget required will be detailed in a written recommendation, along our communication processes.

Risk benefits

Group Insurance Schemes encourage a good working relationship between Employer and Employee and protect the most important assets of your business; the workforce.

A good benefits package can not only attract but will also retain quality employees. We tailor the package to meet the needs of each of our employers and review it regularly.

Whether you require Group Death in Service insurance, Income Protection or Healthcare we can negotiate with the providers to source the most suitable and flexible benefits at the most competitive rate.

Employer support

We not only aim to provide you with a tailor made package of benefits but also the ongoing support and guidance appropriate to your circumstances. We can help with legislation and keep you abreast of the reforms. We can give you the facts in plain English, and provide full support to your Human Resources and Finance Departments.

If you need to assess your pension scheme to ensure it will meet the minimum requirement for Qualifying Workplace Pension Schemes from your Staging Date, please contact us.

Unique services

Each package of Employee Benefits will be as unique as your business. In addition we will revisit your needs and objectives on an annual basis to ensure your benefit package continues to meet those needs, and remain competitively priced, details of the services provided will be clearly laid out in our Engagement Letter.

As Financial Advisers, we are also able to provide “advice clinics” in which employees can obtain professional independent financial advice on their pension and other financial arrangements.