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PM+M has launched a new employee benefits service which aims to help businesses strengthen their employee benefits offering and improve the financial wellbeing of their teams.
Developed by the firm’s financial planning team, the ‘Workplace Save and Protect’ service will address the growing challenge of attracting and retaining talent.
The firm said the service offers tailored advice across workplace pensions, group protection, and private medical insurance. Each client receives a bespoke package built around their specific needs.
The service includes a comprehensive pension audit, ensuring schemes remain compliant and “consistently deliver positive outcomes for members”. The team also supports the day-to-day management of pension schemes.
A key element of the service is advice on salary exchange. The firm said that switching to this structure can reduce employer National Insurance contributions and increase employee take-home pay.
Employers can also access guidance on setting up tax-efficient benefits such as group life cover.
The service can include one-to-one financial advice sessions for employees, organised in partnership with the employer.
Ross Williamson, PM+M’s employee benefits specialist, who is responsible for overseeing the new service, said: “We’re really excited about the launch of Workplace Save and Protect.
“Financial wellbeing is vital – and when employers invest in their workforce, the positive impact goes far beyond the individual. Businesses that embrace this approach should see stronger retention, higher engagement, and happier teams.”
