WORKPLACE SAVINGS
Our savings options include extra ways of saving and investing for employees with differing needs.
Saving at every life stage
Saving through payroll could help your employees make the most of any spare cash available. Just some examples of employees who could make the most of saving through payroll are:
Higher earners with restricted pension limits
Graduate trainees who need somewhere to save for a home
Young families who want to start building a nest egg for their children
Whatever their age or goals, your employees can choose the benefits that mean the most to them.
A solution to savings inertia
Saving through a Workplace ISA or a Workplace Fund and Share account can promote good financial behaviour. Unlike separate, individual accounts, Workplace saving contributions come directly from employees’ salary. That means it’s easier for them to save what they need.
Saving through payroll into a Workplace ISA or Fund and Share account can save employees money.
What do we offer?
Stocks and Shares ISA
ISAs (Individual Savings Accounts) are one of the most popular and accessible ways to help your employees benefit from generous tax breaks. Our Workplace ISA is an easy-to-manage Stocks and Shares ISA which lets employees invest money conveniently through payroll or with lump sum. Money in a Stocks and Shares ISA is free from UK tax. And although investing is best for the long term, employees can withdraw their money whenever they need to. Each tax year (6 April to 5 April) there’s a limited amount of money you can put in ISAs. This tax year, the ISA allowance is £20,000. Tax rules for ISAs can change and their benefits depend on your circumstances.
Fund and Share Account Our Workplace Fund and Share Account is a simple investment account with no payment limits. It’s aimed at those who have used their pension and ISA allowances but want to invest more. Your employees get free live share prices, and an award-winning dealing service.
Make the most of Hargreaves Lansdown
As our clients, your employees can also make use of our other accounts.
