Providing you and your corporate clients with. employee benefits expertise and solutions TENETEMPLOYEE BENEFIT SOLUTIONS

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1 Providing you and your corporate clients with employee benefits expertise and solutions TENETEMPLOYEE BENEFIT SOLUTIONS

2 At TENET we are committed to adding value and income to your business it s what being your partner for prosperity is all about. That s why we are delighted to bring you a brand new service Tenet Employee Benefit Solutions which is designed to help you make the most of the corporate market.

3 WHY LAUNCH AN EMPLOYEE BENEFITS SOLUTION? Put simply, because we know it s a market that many advisers want to prosper in, but they may not have the experience, expertise or systems to make the most of the opportunity. Also, with auto enrolment just around the corner, there s never been a better time to provide a solution that helps advisers generate an extra income with little effort or extra cost to their business, as well as provide corporate clients with holistic employee benefits schemes that meet their needs. Therefore, following the acquisition of The Employee Benefits Corporation (who are experts in the employee benefits market) we have developed a proposition that helps every individual adviser make the most of the opportunity, no matter what their experience or knowledge in the corporate market. WHAT DOES THE SERVICE INCLUDE? The Tenet Employee Benefit Solutions service offers a full end to end and holistic solution that provides a great service to you, as well as focusing on the needs of the employer and delivering solutions in an effective way to the employees. Support and guidance ongoing support via a helpdesk, as well as access to manuals and support materials. This includes helping you to make the most of the opportunity and set up leads through existing or potential professional connections such as Accountants and Solicitors. Audit review we can attend presentations with you and review the employer s existing pension scheme to test whether it is fit for purpose against key principles, legislation and regulatory requirements (including pensions reform), as well as making recommendations on next steps. Scheme implementation management of the scheme set up to comply with appropriate regulations and provide onsite support to educate and enrol employees. Annual review service we can provide an annual report for you to provide to the employer, giving a detailed analysis on their pension scheme. Trustee services support provision of template reports, document library, diary management, trustee updates, helpdesk support and scheme governance checklists. NEST/Auto enrolment services a simple low cost solution to guide employers through the process of getting a scheme that s right for them and their employees. Administration services provision of resources and functionality required to support auto enrolment and the ongoing management of the scheme, looking after joiners and leavers. Employee benefits system we can offer employers their own HR system so that they and their employees can track and maintain their employee benefits scheme.

4 THE SERVICE AT A GLANCE n Assists you in developing your proposition and identifying the resources you require n Helps you identify the right corporate clients via your professional connections (accountants, solicitors etc.) n Provides a fit for purpose pension scheme review for existing employers pension schemes to identify their pensions reform compliance requirements n Assist you through the tender process n Assistance with the project management and delivery of a scheme to employers and staff n Provision of administrative services and day to day management of the scheme n Access to state of the art employee benefits IT platform which will facilitate auto enrolment and development of flexible benefits n Assistance with other aspects of employee benefits not just pension reform WHAT ARE THE BENEFITS? Benefits to you n An additional income stream with no additional expenditure and little effort n Get into a prosperous market you may not have ventured into yet n Maximise the opportunities that auto enrolment brings n Provide a great service to your corporate clients Benefits to the employer n Having a fit for purpose pension in place that meets the requirements of the pensions reform n Access to a great and holistic employee benefits scheme, increasing employee satisfaction n Ongoing support and management of the scheme(s) n Detailed annual report of the scheme(s) n Full end to end solution, including a HR system for employers and employees Benefits to the employee n Access to a well-run and managed pension scheme with onsite and ongoing support

5 WHAT PRODUCT AREAS DO WE COVER? Our primary focus is providing a first class corporate pension service however, we also provide support and expertise across the full range of employee benefit solutions. Tenet Employee Benefit Solutions is a true and holistic employee benefits service. Retirement Employee services Health Protection NEST/auto enrolment Retirement advice PMI DIS - USP - Annuity DC contract Workplace ISA Dental/Optical GPHI DC trust Pension consolidation Health cash plans GCIC DB trustee Mortgage services EAP Group Accident Scheme wind up Wealth management Lifestyle services - Cycle to work - Child care - Retail discount scheme

6 HANDHOLD OR HANDOVER WHICHEVER IS BEST FOR YOU Tenet Employee Benefit Solutions give you a choice of options so you can choose a way of working that s best for your individual needs and experience in the corporate market: HANDHOLD Generate the referral and we ll help you through process, from helping you present to the employer and employees, to putting together the proposal HANDOVER Simply generate a referral and pass it onto our team of experts to do the rest Depending on whether you want to completely outsource the referral to us and we ll do the rest, or you want to look after it yourself with assistance through the different touch points, we ve got an option to suit your needs. WHAT S THE PROCESS? The process can be adapted to fit your needs or that of the employer, but depending on whether you choose to go down the handhold or handover route, this is how the process could work. HANDHOLD HANDOVER Speak to TEBS about how best to generate referrals Speak to TEBS about how best to generate referrals Generate lead and get in touch with TEBS Generate lead and refer it TEBS TEBS will either give you all the support and documents you need or attend the employer meeting with you TEBS will do all the work on your behalf to write the business and provide ongoing management of the scheme TEBS will pull together a report of findings which you can present back to the client If the employer goes ahead, we ll give you all the support you need to write the business including employee presentations We ll provide all the ongoing support and management of the scheme

7 DON T JUST TAKE OUR WORD FOR IT Matrix Solutions has worked with Tenet Employee Benefit Solutions (previously EBC) for over 10 years and during this period they have been responsible for the provision of all our staff pension, medical and insurance policies. They have always provided their services in a professional, reliable and trustworthy manner, thereby allowing Matrix Solutions to offer cost effective benefits to our staff without the burden of administration or concerns with regards to changes in legislation or best practice. We would recommend Tenet Employee Benefit Solutions to any employer that needs expert support and advice in setting up and managing a group pension and employee benefits scheme. MIKE BRADING, Matrix Solutions Tenet Employee Benefit Solutions had been looking after our Group protection schemes and private medical insurance scheme successfully for a number of years. As such, when we were looking for a consultancy to assist us in developing a flexible benefits programme Tenet Employee Benefit Solutions were a natural choice for us. However the first task was to rationalise and consolidate the various Group pension schemes that had come about by the Group s previous acquisitions before installing the flexible benefits programme. Tenet Employee Benefit Solutions undertook the project management role, coordinating the 3rd party providers as well as going around the various company locations around the country, communicating the changes to the employees and assisting them with the decision making. Throughout the project they provided us with excellent support and were always on hand to help. During the roll out of the benefits programme it was a particularly frenetic time for the Company and HR department, however, Tenet Employee Benefit Solutions can do approach was versatile to meet with our requirements, along with their willingness to engage with employees, allowed us to reduce the amount of resources the company had to commit in rolling out our benefits programme. SEAN LEAHY, Netstore plc I have known Andrew and his team for 10 years following me selling my business to him which included 23 Group Schemes nationwide. Like anyone who had built up over 30 years of client relationships both corporate and private I was naturally nervous of transferring my business to a new team. I am pleased to say the running and the servicing of the company schemes has been fluid. The retention levels have been excellent, only one falling by the way in ten years. Andrew and his team have developed excellent relationships, reliable administration processes and great technical expertise providing the support that my clients and I have needed. PHILIP LYONS WHAT TO DO NEXT If you d like to know more about Tenet Employee Benefit Solutions, please get in touch by calling Alternatively, info@tenetebs.co.uk.

8 Here at Tenet our aim is to be your partner for prosperity. It s a simple goal, but one that sets us apart from others. As a result we treat you as an individual, as a partner. And we provide you with the very best long-term help that we possibly can through: our breadth of offering our focus on quality at the right price our financial strength and stability our knowledge and expertise our ability to innovate in a considered way our partnership approach and customer focus our team s commitment to helping you and your clients