Services for your business

 

As an employer your focus is on growing your business and your staff wellbeing. While you are the master of your business, Noble Financial Advisors can provide professional advice and services on all your Employee Benefits needs.

 

Retirement Funds

 

  • Benefit design to suit the employer’s budget. A good retirement fund also provides flexibility for employees and balances the retirement savings component and the group insurances appropriately. 

  • Provide administrative assistance with the monthly data submission.  

  • Manage the claims process for resignation, retrenchment, retirement, divorce, death, disability or severe illness. 

  • Provide guidance and advice on any legislative changes that may affect your retirement fund. 

  • Provide advice on an appropriate investment strategy at fund level, including active and passive investment styles. Individual member investment advice is also available if applicable.  

  • Member education, including financial wellness presentations to staff. 

  • We provide regular broking exercises to ensure that the fund’s insurance policies are up to date with latest trends and that the pricing of all benefits remains competitive.

 

Medical Aid

 

  • Provide advice on current healthcare arrangements and if required review more appropriate healthcare arrangements for all staff. 

  • Provide year end presentations to staff for plan changes effective 1 January of each year and advise on appropriate plan choices for individual staff members. 

  • During the year we provide new staff members with education on the benefit options and appropriate plan choices. 

  • Provide education on the relevant Wellness/Rewards programmes offered by the medical Aid i.e. Vitality and Multiply. 

  • Provide administrative assistance with ongoing member processing and queries.

  • Provide guidance on changes within the healthcare industry, the Council of Medical Schemes as well as any changes to the rules of the scheme and the impact it has on the employer and employees.

 

Business Assurance

 

Any prudent business owner should consider business insurance such as having a buy and sell contract in place. This arrangement will manage the situation where a co-owner dies or becomes disabled. A buy and sell contract stipulates that the surviving owner will buy the share of the deceased owner, the contract may also provide for a disabled business owner’s share to be bought by the other owner if one of them becomes disabled.

Keyman insurance is another important insurance that a business may need to consider. If a key employee should pass away or become permanently disabled, the business profitability may suffer or the business may incur high replacement costs. Key Man insurance is the solution to overcome this risk to your business.  

Normally, business assurance is funded using life insurance policies. We are here to assist with the following:

  • Ensure that the contract is valid and therefore achieves what it is meant to do, so that the business can continue to operate in a profitable manner. 

  • Obtain insurance quotes to ensure that the buy and sell can be funded in the event of a death or disability of a business owner.