A new way to deliver employee benefits
The Novia Corporate Wrap provides employers with an easy to use
and highly effective means of delivering workplace pensions and
increased investment and product choices to employees. Novia
delivers a high quality solution which is cost effective and
straightforward - for both the employer and employee.
- So, what is a corporate wrap, and how can it benefit an
employer and employee?
An effective corporate wrap empowers both employer and employee
to benefit from wide investment and product choice, cost
transparency, efficient administration and online access.
We have put together a quick guide to explain the Novia
Corporate Wrap further - please click here to find out more
A corporate wrap, such as Novia's, offers
• employers - a good value group Self Invested Personal Pension
(SIPP) scheme with a single source of administration, adviser
support and easy to use processes
• employees - the security of a high quality and portable
individual SIPP with a wide range of investments and the
flexibility to use other product wrappers, such as a General
Investment Account and an ISA, as they require
The Novia Corporate Wrap
An employer Group SIPP scheme is initiated and employees are
provided with their own individual wrap account - each with a SIPP
pension wrapper into which regular employer contributions can be
made. These employer contributions can be paid directly into the
corporate wrap with a single payment that is easy to
administer.
To ensure employees have the choice they may require, further
product wrappers can be set up within the wrap in the future.
Employees can make additional contributions to product wrappers as
they need to suit their own circumstances. All of these investments
can then be viewed online 24 hours a day, seven days a week - with
daily updated valuations and transaction histories.
Why choose the Novia Corporate Wrap?
Novia's Corporate Wrap is straightforward to administer,
flexible for both employer and employee and offers a high quality
and great value alternative to the traditional company pension.
Instead of just a pension, employees can invest into a choice of
ISA, General Investment Account, and Offshore Bond product wrappers
- to suit their individual needs. Employees can also monitor their
investments whenever they want - accessing their pension and other
investments via an easy to use website.
Novia are experienced in utilising the best of both technology
and personal service to provide an effective investment platform to
individuals and have taken this to the corporate arena. They are
dedicated to providing wrap solutions and run a successful and
award winning platform developed by highly experienced individuals
with proven technology and sound financial backing. The Novia
Corporate Wrap allows an employer to offer a sophisticated but
easily managed company pension scheme and added employee investment
opportunities - without the drawbacks of complex and expensive
group administration.
More information
- For further details and to explore the Novia Corporate Wrap
further please speak to your adviser or employee benefit
consultant
- Advisers can access more information and support from a Novia
Regional Sales Manager - contact details are available here
