Charities are required to manage their assets effectively by the Charity Commission.

E Financial Planning can help you effectively manage your financial resources and protect your key human resources.

How we can help charities

• A good pension scheme is an important benefit to staff. We can also advise on Stakeholder pension schemes. These will be required by any organisation that employs five or more people and does not have a pension scheme in place.
• Similarly if a member of staff has an accident or illness that prevents them from working, a group income protection scheme will provide income to the charity that will enable them to pay the member of staff and in the event of death in service provide some financial support to the next of kin
• Key person insurance protects your charity in the event of a chief executive or other important personnel becoming critically ill, permanently and totally disabled or dying. The insurance is designed to ensure the future of the charity is not affected by the absence of a key employee. It allows provision to compensate for loss of income for the charity and the cost of recruiting and training a suitable replacement. It can provide a lump sum to reassure funders, supporters and trustees.

E Financial Planning works closely with Charity Link, a consultancy that specialises in providing business advice to the voluntary sector so the advice we give is based on a detailed understanding of the needs of charities.

The FSA does not regulate some long term insurance contracts.