Building up trust

Finding ways for your corporate clients to extract the best value from their employee benefits spend is an important part of an intermediary's service. Cutting benefits altogether is rarely a viable option and even reducing them can be counter-productive, sending out negative signals to employees that can demotivate and, in some cases, spur them to leave. Potential saving An effective way to reduce expenditure on healthcare benefits without necessarily compromising on cover is by self-insuring and using a trust to provide healthcare benefits. To the uninitiated, trusts may appear to...