Insurance provider Towergate is offering CTA members a pensions and financial wellbeing consultancy to support employee wellbeing.

Offering pensions broking and consultancy, Towergate is able to provide companies with services including a pension health check to review scheme performance, benchmark management charges, identify cost-savings, and ensure compliance with regulations.

Providing independent pensions broking to ensure the best package for each case, Towergate can also offer guidance on how to implement and optimise a salary exchange scheme, alongside employee pensions education.

Towergate says that money worries are a significant cause of employee stress, and that it can impact focus, motivation and overall performance at work. The company hopes that by providing financial wellbeing support, businesses can foster a more engaged and resilient workforce.

Pensions and group protection insurances play a crucial role in financial security, according to Towergate, yet the company says that many employees don’t fully understand their workplace pension scheme, and have a lack of understanding of the financial protection in place.

Towergate says that ensuring pensions and insurances are well structured, clearly communicated, and aligned with employee needs, this can empower them to plan for the future with greater confidence.

To find out more, read the Towergate Employee Benefits guide.