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Adviser academy for flex benefits

Employee benefits firm Staffcare is hosting a flex academy for advisers wanting to develop their knowledge on flexible benefits.

The academy will be held on September 30 and will cover how to design a flex scheme, tax implications for employers, implementation stages and details of specialist providers with flex products.

Staffcare says more than 50 per cent of small to med- ium-size enterprises employing between 50 and 500 people are now considering the implementation of flex- ible benefits.

Staffcare founder and chief executive Philip Hollingdale says: “Too many IFAs are in denial about flex. They think their clients do not want or need it and they feel out of their comfort zone when it comes to discussing and sourcing non-financial products.

“We have already seen a new breed of IFA who are re-inventing themselves as benefit consultants and they are doing a good job at taking business from firms who have not consulted with their clients about flex.

“Flex creates an opportunity for IFAs to develop fee income from consultancy, offer a broader range of products and increase member take-up as a result of better suited and better communicated employee benefits.”

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