A deferred compensation plan withholds a portion of an employee’s pay until a specified date, usually retirement, where the lump sum is paid out on that date. Examples include pensions, retirement plans and employee stock options.
Let us look at the types of business setups commonly found in Singapore, and how a business succession plan can help you maximise your company’s value and strategies.
The keyman is the person or persons that are instrumental to the success of a company. Let’s look at one aspect of business planning that is often neglected – Keyman Insurance.
In this first article, Stephen will share with you why he thinks every business (regardless of size), requires corporate risk management.
Stephen, the Principal Consultant of Summit Planners will be sharing his thoughts and insights about all aspects of financial planning here.