Are you setting up a business in the UK?
For the past 20 years Sovereign have been advising many US and European owned businesses who want to set up operations in the UK specifically in connection with staff benefits.
We currently advise several companies on the whole range of compliance issues when incepting a pension scheme and the Automatic Enrolment responsibilities that a company will need to follow once they are trading in the UK.
In addition many companies like to set up associated staff flexible benefit schemes which will normally include Group Death in Service, Group Income Protection and typically Private Medical Insurance cover for new staff and families. This is a key area as many staff moving from a large firm will expect a proper benefit package. Therefore for any new start up companies with foreign owners you can be confident that Sovereign has the knowledge and expertise gained over the past 33 years when designing a benefits package for the staff of a UK subsidiary.
We will also look to have early dialogue with the HR/Finance operations in the US and/or Europe so that the structure is thought through in detail and all the technical areas are fully understood by the sponsoring company.
Below are some testimonials from existing companies who have engaged Sovereign since 1984 to take them through the journey from inception in connection with their staff benefits programme.
Please speak to Jackie Witcher in the first instance on 01489 582011 or email Jackie.firstname.lastname@example.org