New appointments to support Jelf Employee Benefits’ plans for growth
Alan Millward has been promoted to director of financial services for Jelf Employee Benefits. He will be responsible for corporate pensions, financial planning, workplace advice, MoneyatWork and MoneyafterWork services.
Chris Ford has been promoted to director of group risk and individual protection. Previously director of group risk, he will now also be responsible for individual protection services for both the corporate and individual markets.
Both will continue to report directly into Glenn Thomas, managing director of Jelf Employee Benefits, who said: ‘We believe that closely aligning the corporate and individual financial advice resources of Jelf Employee Benefits and Jelf Financial Planning will add value to our clients, and we’re pleased to announce that this will be run under the directorship of Alan Millward
‘Similarly, there is a natural fit with the individual protection market and group risk, and Chris Ford is well placed to take the combined offering to the market.
‘We continuously look to improve our service to the market and these two appointments are an important part of the plan to support our growth.’
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Media Contact:
Sharon Mason
SMUK Marketing and PR
Land: 01252 843350
Mob: 07747 611773
About Jelf
Jelf is a leading independent consultancy supporting businesses and individuals with expert advice on matters relating to insurance, employee benefits, health insurance and financial planning. Its purpose is simple: to build a long-lasting relationship with clients and to become their trusted adviser.
Formed in 1989 by Chris Jelf, the Group has 34 offices in 32 locations across England and Wales, employing almost 1,100 members of staff.
For further information about Jelf, please visit www.jelfgroup.com
About Jelf Employee Benefits
Jelf Employee Benefits operates out of six locations and accounts for over a quarter (27%) of Jelf Group revenue (£19.8m in 2012). Clients include Admiral, Bluestone, Compass Group, Gloucestershire Wildlife Trust, Hanover Group, Honda UK, Midas Group, Save the Children, Space Engineering, Specsavers and Thatchers. Jelf Employee Benefits helps clients choose the right benefits for their employees and will then source and negotiate them, as well as help promote them to staff. This is a three-part process:
• Benefit design or review (including risk and pension benefits)
• Implementation
• Communication
Benefit types:
• Healthcare: PMI, Private Dental Insurance, Health Screening, Employee Assistance Programmes, Absence Management and Occupational Health
• Group Risk: Death in Service benefits, Income Protection, Critical Illness and Accident Insurance
• Pensions: DC and DB schemes, scheme governance, retirement counselling, annuity service and RDR/NEST preparation
• Flexible benefits including voluntary benefits such as retailer discounts and childcare vouchers
Implementation
• Group presentations and 1-2-1 meetings to engage staff with new benefits and improve take up
• myreward is an online benefit management and communication platform which enables organisations to manage their employee benefit offering with ease by reducing administrative strain. It also gives HR teams access to detailed management information to aid budgetary planning and the management of people-related risk.
Communication
• Launch campaigns using posters, desk drops or in-payslip communications as well as launch roadshows.
• Total reward statements (TRS) to clearly demonstrate the monetary value of each benefit alongside salary.
• Employee opinion surveys help organisations review and put together the most effective benefits package for their company.
Administration services
• All of the above is supported by a robust administration service to ensure all employee information is correct and kept up-to-date.
Size of business
Business Turnover 11/12* Client numbers **
Healthcare £11.4m 4600 corporate + 4000 individual
Pensions £6.3m 450
Group Risk £1.8m 700
Flex £0.3m 30
* approximate
** Total corporate policies approx 5500 as some clients buy multiple services. 90% are SME
These figures include Jelf Manson.