2. Employee
engagement
via education
A
valuable
employee
benefit
FINANCIAL EDUCATION
Why Financial Education?
FINANCIAL EDUCATION
Empower
employees to do
something positive about
their financial well being
Regulation changes and
implications
for employees
Pension and Retirement
Planning
auto-
enrolment
concerns and queries
Provide the knowledge
and tools for
action
Break down
barriers
to financial services
Get in
control
financially
3. 97%
view financial
education as
a “valuable
part of the
employer
benefit
package”.
*2
FINANCIAL EDUCATION
Employee Engagement: The Statistics
53%
are concerned
about their
financial plans
for retirement.
*1
75%
would welcome
more support
on financial
planning.
*1
86%
believe
financial
education
played a role in
their decision
to take action
about their
own finances.
*2
61%
thought that
financial
problems have
an impact
on work
performance.
*3
*1: (CIPD Employee Outlook Survey 2012)
*2: (Consumer Financial Education Board - CFEB)
*3: (SHRM Financial Education Initiative 2011)
4. We believe that everyone should be financially
aware, and able to make informed decisions about
their personal circumstances. However, we are also
aware that not everyone is financially confident,
and others just don’t have time to address their own
position.
A growing number of companies recognise that
providing financial education to employees, with
access to financial advice to their executives, is a
measurable value added benefit. However, it’s not a
one size fits all solution.
A bespoke approach, designed to accommodate
everyone, allows us to provide the right level of
education and support where required. From
seminars that address the most common issues
facing employees to one-to-one consultations, where
we can use our wealth management experience to
provide individual solutions.
The ultimate goal is to empower the
individual to take greater control of their
financial well being.
Our Programme
FINANCIAL EDUCATIONFINANCIAL EDUCATION
JUST SOME OF THE COMPANIES WE ARE WORKING WITH...
5. WEBINARS
The programme is broken down over a
series of short modules. We look to make
these interactive, by setting some action
points for the individual to do before the
next session. Providing the theory and
encouraging the employee to take action.
Financial wellness starts with knowledge and
understanding, followed by action.
Financial Education provides your employees with
the confidence and tools to take control of their
financial future.
We appreciate that what works for one company
may not work for another. So, we tailor our
Financial Education Programme.
Working with you, we’ll design a programme that
suits you and your employees. The options shown,
are some of the solutions we have offered to our
existing clients.
SEMINARS
Regular sessions, run by one of our Wealth
Managers, will cover one topic in detail.
From monthly, quarterly or biannually,
we discuss in depth the topic in question.
Starting from a basic level of understanding,
the seminars focus on generics, rather than
specifics.
ONE TO ONE CONSULTATIONS
Recommended for Executives who may
want a more personalised approach, and
discuss the curriculum in connection
with their personal finances. We provide
confidential one to one’s to discuss their
personal situation and provide education
where its needed.
SURGERIES
A Wealth Manager provides access for
employees to ask specific questions on any
financial issues. These sessions may be a
quick question to a full hour review. You
can choose to run these on an appointment
or open door basis. Surgeries are designed
to complement the other solutions.
Programme Options
FINANCIAL EDUCATION
6. Example of Programme Sessions
FINANCIAL EDUCATIONFINANCIAL EDUCATION
MONTH 1:
Investments
• General Overview
• ‘Safe’ options v
‘Riskier’ options
• What are Alternative
Investments
• Your Attitude to Risk
• The importance of
diversification
MONTH 2:
Retirement
Planning
• General Overview
• Why Retirement is
no longer a date –
but a decade
• Frozen pensions
& Consolidating
Pensions
MONTH 3:
Wealth
Management
• General Review –
why it’s important to
stay on top of your
finances
• Being ready for
today and planning
for the future
MONTH 4:
Retirement
Planning
• Lifetime and Annual
allowances
• Alternatives to
Pensions
MONTH 5:
Legacy
Planning
• Dying without a
Will*
• Trusts*
• Lasting Power of
Attorney*
• IHT planning
MONTH 6:
Share Plan
Vesting
• Capital Gains Tax
mitigation
• Income Tax
mitigation
• Diversification
MONTH 7:
State of the
Economy
• Overview of the
current economy
• Recent changes to
legislation
• What this means to
you in reality
MONTH 8:
Tax
Returns*
• How to prepare for
your tax return
• Common mistakes
• What HMRC want
from you
• What needs to be
declared
MONTH 9:
Protection
• Why do you need
protection?
• Life cover
• Critical Illness cover
• Income protection
• Protecting you and
your family
MONTH 10:
Year End
Planning
• Time for a review
(New Year)
• End of tax year
planning
• Assessing your
financial plan and
making changes
MONTH 11:
Mortgages
• All you need to know
• The current market
• The process
• What affects your
mortgage offer
MONTH 12:
Budget
Review
• How the Budget
affects you
• Taking advantage of
the opportunities
• Adjusting your plans
accordingly
7. Any change in life, from a new job, moving house,
getting married or having kids, can have a huge
impact on your personal finances. But, it’s a time
that is often so hectic that we put off today what we
can do tomorrow.
Our Financial Education programme includes a
Transition Service which provides relevant advice
to individuals who are experiencing change, and
enables them to make informed choices and take
action.
From an employee’s perspective, they can see how
important they are to the company. Providing a
lasting positive experience, either before they move
on to pastures new or as they settle into a role as a
new joiner.
In a more emotive situation, such as redundancies,
it can be a huge help for employees, empowering
them to take control over their finances, and reduce
the stress and worry that often comes from the
‘unknown’.
The focus is on ensuring that any flux results in a
positive impact on an individuals financial plans.
Transition Services - Moving Jobs?
FINANCIAL EDUCATION
Transition Services does not just have to be for
employers. In fact, it’s a great proposition for
Recruitment and Executive Search companies to
offer their senior candidates as a valuable additional
service.
We recommend Transition Services for the
following:
• Induction and Exit Reviews
• Redundancies
• Retirement
• Contractors
• Benefit Reviews
What does our Employee Transition Service
involve?
As an employee joins or leaves a company there are
often questions that are left unanswered.
A one to one consultation with a highly qualified
Wealth Manager will provide answers to these
questions, look at the impact they have, and adjust
or start a personal financial plan.
What benefits
am I leaving
behind?
What benefits
are important
to me?
What happens
to my pension?
What should I
contribute to
my pension? What should
I do about the
share scheme?
Do I need to
think about my
life cover?
8. STEVEN BEVAN
SENIOR WEALTH MANAGER
SIMON NEVILLE
SENIOR WEALTH MANAGER
We believe rapport is vital when it comes to
personal finances. So, once we have got to know
your company we’ll appoint Wealth Managers to the
programme.
The Management Team are there to oversee the
programme and are available to answer any queries
or questions you may have.
The Team
FINANCIAL EDUCATIONFINANCIAL EDUCATION
STUART HUDSON
SENIOR WEALTH MANAGER
LESLEY MORGAN
PRINCIPAL LAWYER
ALAIN DASTROS
HEAD OF ACCOUNTANCY
RICHARD BALAES
GROUP MANAGING DIRECTOR
SUZANNE BENEY
MARKETING MANAGER
JAMES KER-REID
SENIOR RELATIONSHIP MANAGER
9. FINANCIAL EDUCATION
Testimonials
“AAG’s Financial Education programme
helped me to realise that my own investments
(and retirement income planning) should be
more diversified and have a better risk profile.
The new “freedom” not to buy annuities,
means that many, if not most senior managers
will be the same as me, and have a critical
need for Financial Education. They now have
to be their own ‘pensions manager’.”
PHIL WILLS
EXECUTIVE COMPENSATION & BENEFITS
CONSULTANT
“We are delighted to be working with AAG
to set up our company pension scheme.
AAG have hosted a workshop session to
update us on the recent legislation changes
around pensions and how they will affect our
business, to explain how the new scheme will
work and to answer any additional questions
our team have had. The workshop was clear
and informative and we are looking forward
to working with AAG going forwards.”
EMMA STURDEE
CORPORATE AFFAIRS AT BOARD INTELLIGENCE
“The presentations have been of real value and
we are sure participants now have much more
understanding of their personal finances,
however complex.”
GRAHAM CHANDLER
PHYLLIS COURT
“It was a pleasure having you, and I’ve had
plenty of positive feedback regarding how
useful the session was. I can honestly say that
the delegates, and even some of those that
didn’t attend, are very much looking forward
to the next session.”
TRACY GONCALVES
HEAD OF COMPLIANCE & HR AT REWARD
“AAG have worked with me for more than
6 years, providing assistance in financial
education and one to one advice to employees;
and then as part of a financial education
programme.
The team perform this task professionally,
explaining to the audience the intricacies of
financial products and strategies in an easy to
understand and technically accurate manner.
They do not fall into the temptation, which
may financial advisers do, of overselling, but
rely on their expertise to demonstrate the
quality of their service.
Financial education remains an area where
nearly everyone agrees that a great deal more
needs to be done; but few have matched the
commitment of AAG to provide an excellent
service in this area.”
JEREMY MINDELL
DIRECTOR AT PRIMONDELL
10. FINANCIAL EDUCATIONFINANCIAL EDUCATION
Who We Are
Alexander Associates Group (AAG) was founded
in 1995 by David Alexander and backed by Lord
Jacob Rothschild. The original intention was to
provide sound financial advice.
Over the years, that objective has remained at the
core of AAG. Our Wealth Management arm of
the group has won numerous awards, which have
been presented by notable luminaries including,
Bill Clinton, Al Gore, Christopher Reeve, Lord
Sebastian Coe, and The Rt. Hon. Lord Michael
Heseltine.
Based in Mayfair, the Group has evolved and now
includes a SRA regulated legal firm and a CIMA
regulated accountancy firm amongst others.
The achievements and successes we have been
recognised for, is testament to the work we do and,
as a result, we have built a reputation second to
none for innovative, tailored advice.
About AAG
Our Approach
We take a ‘family office’ view to personal
finance, with a complete focus on the client as an
individual. Their confidence in us comes from
our approach - we put ourselves in their shoes;
only providing advice that we would want in their
position.
Financial services may appear intimidating, but it
doesn’t need to be. We guide our clients through
the various facets of their personal finances;
from financial plans, investments, legal issues,
mortgages and accounting concerns, our qualified
and experienced professionals are always on hand
to provide the relevant assistance.
We use an analogy, to help clarify the AAG
approach:
‘In this country, we all take for granted the
presence and availability of our GP when we have
a health concern. Yet our GP is more than a doctor
to treat minor ailments. He is also an extensive
network of contacts, able to refer us to one of a
plethora of specialists, depending on our condition.
He confers with these specialists, keeps all our
records and always has a detailed overview of our
health, past and present.
Why should the same centralised guidance and
support not be available for our finances?’
We have always believed it should be, which is why
AAG exists.
Our Future
As the business continues to grow, our focus does
not waiver and we continue to abide by David’s
original objective set nearly 20 years ago.
We do not intend to rest on our laurels. The
financial landscape is ever evolving; staying ahead
of the game and abreast of changes is crucial.
It is important to us that we always exceed our
clients’ expectations.
By simplifying the complex and aligning our
goals with our clients’ we are able to secure their
financial position and provide security for the next
generation.
We continuously strive to go above and beyond;
providing an unprecedented level of service and
expertise in the financial world.
11. FINANCIAL EDUCATION
Our wealth management advice, for both individuals
and corporates, is provided by AAG Wealth
Management, a Principal Partner Practice of
St. James’s Place Wealth Management.
Like ourselves, St. James’s Place have a proven track
record and strong heritage.
The facts:
• St. James’s Place is a leading UK wealth
management company
• Founded in 1991
• A FTSE 100 company
• Market capitalisation of circa £4.0 billion
• Over £47 billion client funds under
management
• Guaranteed advice
Working with St. James’s Place
The St. James’s Place Guarantee is is solely reserved
for wealth management advice provided by
representatives of AAG Wealth Management.
The St. James’s Place Guarantee
St. James’s Place guarantees the suitability of the
advice given by AAG Wealth Management when
recommending any of the Wealth Management
products and services available from companies in
the group.
Other services offered by AAG which fall outside of
wealth management advice and are separate and
distinct to the services offered by St. James’s Place
are therefore not covered by the St. James’s Place
guarantee.
AAG Wealth Management represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising
solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website www.sjp.co.uk/products.
The `St. James’s Place Partnership’ and the titles `Partner’ and `Partner Practice’ are marketing terms used to describe St. James’s Place representatives.
12. TO FIND OUT MORE, CONTACT:
James Ker-Reid
020 7016 6750
james.ker-reid@aag.co.uk
WWW.AAGFINANCIALEDUCATION.CO.UK
AAG
THE ALEXANDER ASSOCIATE
