Thomsons and BDO Stoy form strategic partnership

Thomsons Online Benefits and BDO Stoy Hayward Investment Management have entered a new strategic partnership to offer individual financial advice to employees who use Thomsons\' Perquisite platform for flexible benefits and total reward.

Under the new agreement BDO Stoy Hayward Investment Management, which has recently been awarded chartered firm status, will offer a range of services to employees of Thomsons Online Benefits clients. The services, to be offered on a fee basis, include a range of options on investment advice from pension through to all aspects of personal investment planning. Using the services of its parent company, BDO Stoy Hayward LLP, it will also be able to provide a personal tax return service. Michael Whitfield, chief executive of Thomsons Online Benefits says: “By providing a personal advice option through a trusted partner, we believe that employees will have the confidence to seek professional independent advice of the highest standard which in turn will enable them to create a much clearer synergy between their personal finances and their employee benefits.”

Richard Spilg chief executive of BDO Stoy Hayward Investment Management says: “In these turbulent economic times, clients need skilled professional advisers to guide them through the important financial decisions they face whether it be retirement planning or tax efficient investments.