Welcome

Bespoke financial advice for private individuals
AboutServices
Our History
Employee Benefits Partnership Limited (EBP) was incorporated in 2012 following the decision by a national advice firm to end the provision of corporate advice services. The aim for EBP was initially straightforward – to continue to work with those clients who wanted continuity of both consultancy and support services. The initial team consisted of Iain Henshall, Martin McEvoy and Neil McCormack.

As time has passed, new clients joined EBP mainly through word of mouth or referrals from professional services firms. The demands placed upon employers to meet their Pension Automatic Enrolment obligations fuelled further expansion and in 2013, EBP engaged Vikki Warburton as a specialist report writer to ensure we had sufficient capacity to service the growing client numbers.

In 2015, following the Governments expansion of options for those taking retirement benefits, it became clear that offering a more focussed service for staff members requiring advice would be important. As a result we expanded our service to include bespoke individual financial planning with Jonathan and Karen Walsh joining the team, to whom we had been referring clients seeking personal financial advice since 2012, bringing that expertise in-house.

Under the trading name ‘EBP Financial Planning’ we provide financial advice to both individuals working at our corporate clients and those previously unconnected with EBP.

Meet the Team

Jonathan Walsh

FPFS Chartered Financial Planner

Financial Planning Director & Consultant


Jonathan (also known as Joe) specialises in personal financial planning and is QCA level 6 qualified as a Chartered Financial Planner and Fellow of the Personal Finance Society. He is one of the UK’s Top 250 rated advisers on the specialist website Vouched For and has worked in financial services since 1985.


Karen Walsh

Financial Planning Support


Karen joined EBP in 2015 to provide all aspects of administrative and back-office support to Jonathan Walsh. Having been in the industry since 1994 she has gained a wealth of experience in pensions, investments and life assurance working at another firm of Independent Financial Advisers as well as two major insurance companies.


Iain Henshall

APFS Chartered Financial Planner

Director & Employee Benefits Consultant


Iain is QCA Level 6 qualified, a Chartered Financial Planner and worked as a corporate consultant at Towry between 2000 and 2012 with a brief interlude at a competitor, Origen Limited. Prior to 2000 Iain worked as an employee benefits consultant at Advizas from 1986, which was part of the Hogg Robinson Group before Advizas was acquired by Towry.


Martin McEvoy

BA (Hons) DipPFS Dip PMI

Director & Employee Benefits Consultant


Martin has an Economics degree from Manchester University, is qualified to QCA level 4 with both the Pensions Management Institute and the Personal Finance Society. He spent 15 years working as a corporate consultant at Towry, before which he worked at Barclays Bank and Scottish Amicable (now part of Prudential).


Neil McCormack

Director & Employee Benefits Support


Neil studied Applied Science at the University of Wolverhampton and has subsequently worked in the Retail, Entertainment and Financial Services sectors. Between 2004 and 2012 he worked at Towry providing back office client service and IT support.


Vikki Warburton

Paraplanner & Employee Benefits Support


Vikki is qualified to QCA Level 4 and is the primary researcher and report writer for EBP. Prior to joining in 2013, Vikki was a paraplanner at Towry having worked there for 12 years. She started her career at the Prudential as a project administrator.

Why EBP?
Our clients needs are at the very heart of what we do and guide our direction of travel as we adapt to meet their unique needs. However, there are also some key pillars that are central to EBP’s approach.
Our Independence
EBP is wholly owned by its founding members and is therefore totally independent of any other financial services organisation. Many businesses in the industry are owned or part owned by insurance companies, banks, private equity investors and other organisations which have motives beyond simply providing client advice and support. We do not receive ‘soft commissions’ from insurance companies such as financial contributions to cover the cost of marketing or training. Our clients can therefore have the confidence that the advice they receive is unbiased and based on their needs alone.
Our Regulation
EBP is authorised and regulated directly by the Financial Conduct Authority (FCA). We are required to provide a full report of our business activities twice yearly and can be inspected by the FCA at any time. This direct oversight provides peace of mind to our clients and ensures that the highest possible standards are maintained at all times. It also means that we must not stray outside of our ‘permissions’ which are the activities the FCA has agreed was can undertake. Our status and permissions can be inspected under FCA Reference Number 573661 on the FCA Register here.
Our Philosophy
We are not a sales organisation, rather a provider of bespoke consultancy, overlaid with technical and legal support and administration services. Our focus is to meet the unique needs of each and every client as opposed to the need to make a ‘sale’ and then move swiftly on to the next possible sale. Our philosophy means that we aim to provide the highest level of service with an attention to detail that sets us apart from other firms.
Our Team Based Approach
Whilst your adviser and the administrative support will remain constant, the rest of the EBP team are always available to lend a hand. Internal client meetings are held monthly to discuss and review our clients current and future needs. Therefore, you will never contact us and feel that the person answering the phone does not know who you are and how important you are to us.
Our Communication Skills
We pride ourselves on being good communicators and strive to explain the more complex of topics as simply as possible. We aim to produce comprehensive but easy to understand reports whether it be a full financial planning report or an annual review.
Our Approach to Remuneration
An initial meeting is at our expense. The purpose of this meeting is to discuss your circumstances, aims and objectives.

We charge a fixed fee for all advisory service projects, the amount is disclosed before undertaking work on your behalf and will depend on the expected complexity and time taken to satisfy your requirements. We will prepare an Engagement Letter which discloses the work to be undertaken and the fee. No work will be undertaken without a signed Engagement Letter. We will invoice you on completion of the advice services described in your Engagement Letter. Advisory only work is subject to VAT.

If we recommend a product, we charge an implementation fee. This fee will vary depending on the investment and is disclosed before any implementation work is carried out. This fee can be deducted from your investment or paid separately.

We also offer an ongoing review service.

Full details of our fee structure and our investment process are available on request.

Our Size
Small means nimble and adaptable. We do not have to compete with others for a fair share of internal resources. We can quickly adopt any new practices or changes in the industry, the law or best practice. We are 100% focused on a consistent level of service and our cumulative years of experience goes a long way toward helping achieve this.
Our Environment
EBP will use electronic communication wherever possible with the intention of minimising the use of printed documentation. This will both reduce fees charged and be a small environmental contribution in an industry that is built on mounds of paper. This approach also improves the availability of information we will have at our fingertips for 1-2-1 employee meetings and it will be simple to email any relevant documents to the member at the close of a meeting.
Our Third Party Support
EBP believes that compliance with the financial services regulatory regime must be taken extremely seriously and to ensure that standards are maintained at all times we engage the specialist compliance services of ThreeSixty for all regulatory and technical support.
What Our Clients Say

Hampshire

“Jonathan has gone to great lengths to ensure that I understood the options available to me and that I was then able to make informed decisions about my pensions and investments. He simply could not have done anything more and I would happily recommend his services.”

Hampshire

Berkshire

“Jonathan provided us with excellent guidance regarding the implications of tax and the options of how we could best invest our pensions. He assisted with calculating future potential income from our pensions and provided a forecast allowing us to compare with our current outgoings and thus assist in preparation for running down our mortgage and making time scales to plan for retirement.”

Berkshire

Hertfordshire

“Joe was able to explain the change in legislation and its impact on our pension and retirement plans in a way that made sense to us and offered clear guidance on the options open to us.”

Hertfordshire

Kent

“JW quickly grasped our requirements, provided clear written advice concerning pension values and recommendations for investments, promptly actioned all our requirements and has provided excellent feedback going forward.”

Kent

East Sussex

“We found Jonathan to be very helpful in explaining in a way that was very understandable and was able to realise our goals.”

East Sussex

Vouched For

Please visit my Vouched For page here for more and latest reviews

Contact Us

EBP Financial Planning
Unit 8
Millars Brook
Molly Millars Lane
Wokingham
RG41 2AD

Address

Unit 8
Millars Brook
Molly Millars Lane
Wokingham
RG41 2AD

Usual Office Hours

Monday – Friday | 09:00 – 17:00
(excluding Bank Holidays)
Whilst we have meeting facilities and welcome visitors to our office this is strictly by prior appointment.
Services

Retirement Planning

Estate Planning

Wealth Management

Retirement Planning
Did you know?

%

a 65-year-old man in poor health still has a 50% chance of living for at least 22 years in retirement 1

%

a 65-year-old man in good health has a 25% chance of living for a further 34 years in retirement 2

%

The maximum State Pension is only 32% of Average Earnings 3
We can help you with…
~

Pre-Retirement Planning

Our pre-retirement planning service puts you in control by dealing with the key issues that need considered in advance of your retirement.
Research
  • Assessing the level of retirement income you will need and when you will need it
  • Securing up to date valuations of your existing pension plans – tracing any legacy plans from previous jobs
  • Establishing the timing and amount of state benefits you should receive
  • Quantifying the level of risk you feel comfortable taking with your investments
  • Identifying what other assets you may have available to supplement your lifestyle in retirement
Analysis
  • Establishing whether we can improve on the performance of your current schemes – charges, investment returns and access options will be considered
  • Comparing the risk of your current investments to your preferred risk profile
  • Assessing any potential impact of the Annual or Lifetime Allowances on your retirement benefits
Reporting
  • Forecasting what capital & income your pension plans might provide in retirement
  • Explaining your options for funding any forecasted shortfall in retirement income
  • Recommending an investment strategy which seeks to achieve your objectives within an agreed risk profile
  • Ensuring that your retirement savings would be passed on, free of inheritance tax, to your dependents in the event of your death
Arrangement
  • We can arrange to make changes to your investment strategy for existing pension plans
  • We can arrange the consolidation of pension plans where this is potentially advantageous
  • We can arrange up to date death benefit nominations for all schemes, ensuring that your wishes will be met
Review
Our ongoing review service provides a proactive review service at which we assess progress to your objectives and consider any changes necessary

At Retirement Planning

If you are due to retire soon, we can guide you through the range of options available to you, explaining how each might benefit you and put together a strategy to deliver what you are looking for in retirement. We can also handle all of the arrangements on your behalf.
Research
There is no longer a requirement that your pension savings are used to purchase an ‘annuity’ at retirement although this remains an appropriate method for many individuals. Factors to take into account when making the right decision for you will include:

  • Assessing the level of retirement income you will need and any immediate or future capital requirements
  • Establishing the timing and amount of state benefits you should receive
  • Identifying what other assets you may have available to supplement your lifestyle in retirement
  • Quantifying any debts or financial commitments you will have
  • Assess your state of health and anticipated life expectancy
  • Discuss your attitude to taking financial risks
  • Consider your desire to pass on assets to any dependents
Analysis
  • Securing up to date valuations of your existing pension plans – tracing any legacy plans from previous jobs
  • Establishing what options your current schemes provider: scheme pension, annuity, income drawdown
  • Check for any underlying income or investment guarantees provided
  • Comparing the risk of your current investments to your preferred risk profile
  • Assessing any potential impact of the Annual or Lifetime Allowances on your retirement benefits
Reporting
  • Forecasting what capital & income your pension plans might provide in retirement
  • Create a life time cash flow forecast to illustrate your retirement strategy
  • Illustrate guaranteed lifetime income and more flexible, higher risk options
  • Explaining your options for funding any forecasted shortfall in retirement income
  • Recommending an investment strategy which seeks to achieve your objectives within an agreed risk profile
  • Ensuring that your retirement savings would be passed on, free of inheritance tax, to your dependents in the event of your death
Arrangement
  • We can arrange the consolidation of your pension plans where this is potentially advantageous into an annuity or an income drawdown plan or possibly a combination of the two
  • We will arrange the payment of any immediate tax-free cash withdrawals to be made and your regular income
  • We can arrange up to date death benefit nominations for all schemes, ensuring that your wishes will be met
  • We can implement new investments possibly funded from tax-free cash and make changes to your other investments to meet your new requirements in retirement
Review
  • Our ongoing review service provides a proactive review service at which we assess progress to your objectives and consider any changes necessary
  • We will review and update your cash flow forecast to ensure that you remain on track to meet your objectives
  • We will review your investments and risk profile to ensure that your investments continue to meet your requirements. We may propose tactical changes to your investments.
Estate Planning
Did you know?

%

Inheritance Tax receipts have increased by 113% between 2009/10 and 2016/17 4

%

the rate of inheritance tax due on assets greater than £325,000 per person assuming a full allowance is available 5
We can help you with…

Lifetime Planning

Our Estate Planning Service assesses the potential impact of Inheritance Tax (IHT) on your estate and your beneficiaries and explains the full range of options available to you to reduce any impact. This service focuses on actions which you can take during your lifetime to reduce an expected IHT liability.
Research
  • Consider your current circumstances and wishes for preserving wealth in your lifetime and how you can use assets to reduce an IHT liability
  • Consider your lifetime requirement for income and capital so that a capacity for making lifetime gifts can be established
Analysis
  • Review the provisions of any existing will, particularly to assess whether this would benefit from the Residence Nil Rate Band
  • Calculate your current Inheritance Tax liability and any reliefs to which you might be entitled
Reporting
We explain:

  • How Inheritance Tax is charged and its potential impact on your own estate
  • The various reliefs available and the extent to which they could help you
  • Mainstream financial planning options available to mitigate any tax liability
  • Options for creating or updating your will (we do not write wills but can refer you to a solicitor)
  • We can also include commentary on options for funding long term medical care on request
Arrangement
  • We can arrange tax-efficient investments to reduce any Inheritance Tax liability
  • We can arrange insurance policies to provide a settlement to your beneficiaries on your death to meet an Inheritance Tax liability
  • We can suggest the basis of a tax-efficient will and refer to you a suitably qualified professional to implement this for you
Review
  • Our ongoing review service will monitor the performance of your investments and keep you appraised of any changes to your expected tax liabilities and relevant legislation
  • The service is designed to ensure that your plans remain up to date and fit for purpose until the time at which they are needed
i

Wills & Trusts

Our Estate Planning Service assesses the potential impact of inheritance tax on your estate and your beneficiaries and explains the full range of options available to you to reduce any impact. This can be complimentary or separate to our Lifetime Planning service.
Research
  • Consider your current circumstances and lifetime financial needs
  • Discuss how you wish your assets to be distributed on death
Analysis
  • Review the provisions of any existing will, particularly to assess whether this would benefit from the Residence Nil Rate Band
  • Calculate your current Inheritance Tax liability and any reliefs to which you might be entitled
Reporting
We explain:

  • How Inheritance Tax is charged and its potential impact on your own estate
  • The various reliefs available and the extent to which they could help you
  • Mainstream financial planning options available to mitigate any tax liability
  • Options for creating or updating your will (we do not write wills but can refer you to a solicitor)
  • We can also include commentary on options for funding long term medical care on request
Arrangement
  • We can suggest the basis of a tax-efficient will and refer to you a suitably qualified professional to implement this for you
  • We can arrange insurance policies to provide a settlement to your beneficiaries on your death to meet an Inheritance Tax liability
  • We can arrange tax-efficient investments to reduce your Inheritance Tax liability, with lifetime access
Review
  • As this service focuses on arrangements which would be implemented on death, there is less need an ongoing review service
  • We will remain on hand to answer any questions you have or advise on any change of circumstances or objectives
  • Our optional ongoing review service is available to monitor the performance of any investments and keep you appraised of any changes to your expected tax liabilities and relevant legislation
Wealth Management
Did you know?

%

The difference between the best & worst performing UK All Companies funds in 2016 6

%

Only 1 in 4 U.K. breadwinners has any life assurance to protect their dependants on death 7
We can help you with…

Managing Wealth

Our Wealth Management services are available to new or existing investments.
Research
  • establish your personal circumstances, needs and objectives
  • assess your attitude to risk, capacity for loss and investment experience
  • establish any debts or financial liabilities you have
  • establish how and when you will need access to your investments
Analysis
  • consider the most tax-efficient methods available
  • agree an asset allocation strategy (the blend of deposit, fixed interest, property and equity) which matches your risk profile
  • select the most consistent funds in each asset class by combining external research with our own experience
Reporting
  • Present our recommendations for approval, refining as necessary
  • We can include general commentary and guidance on options such as buy-to-let investments, peer-to-peer lending or share save schemes on request but we do not offer specific advice on any of these investments
Arrangement
We can establish new investments in line with our recommendations and make any necessary alterations to any existing investments you have
Review
  • We can monitor and review your requirements and the performance of your portfolio at the agreed frequency (we offer quarterly, half-yearly and annual reviews)
  • We will recommend tactical changes to your investments based on economic conditions and any changes to your own objectives or requirements.

Protecting Wealth

Our Wealth Protection services are available for your personal circumstances and/or small businesses.
Research
  • establish your personal circumstances, needs and objectives
  • establish any debts or financial liabilities you have
  • establish how much financial protection you need and for how long
Analysis
  • assess any private or workplace insurance you already have in place
  • quantify any need for insurance products to protect against accident, illness or death
  • consider the types of insurance available and arrange quotations
Reporting
  • Present our recommendations for approval, refining as necessary
  • Our reports can be tailored to the needs of single people, families or small businesses
Arrangement
  • We can establish new investments in line with our recommendations and make any necessary alterations to any existing investments you have
  • For small businesses, this can include liaison with your accountant and legal adviser as is necessary
Review
  • There is normally no need for a formal ongoing service for insurance products but we will remain on hand to provide additional advice as necessary
  • We will also contact you ahead of the expiry of any insurance policies to see whether a need still exists for replacement cover
Statistics
1 and 2 – wearejust.co.uk | 3 – gov.uk & ons.gov.uk | 4 and 5 – gov.uk | 6 – trustnet.com | 7 – abi.org.uk

Employee Benefits Partnership Limited is Authorised and Regulated by the Financial Conduct Authority.
EBP Financial Planning is a trading name of Employee Benefits Partnership Limited.
Registered Office: Unit 8, Millars Brook, Molly Millars Lane, Wokingham, RG41 2AD.
Registered: England & Wales 07901143.