The size of Westminster Wealth Management enables us to have several dedicated retirement specialists essential to delivering cutting-edge advice in such a complicated sector.

All UK resident professionals are likely to accumulate significant pension funds throughout their careers and with the demise of the final salary schemes, the investment of such funds can be crucial to the quality of our clients’ standard of living in retirement.  A key role of our process is reviewing existing schemes.

For many clients, significant advantages can be achieved by the use of self invested pensions (SIPPs and SSASs), Wrap platforms and sophisticated personal pensions (PPs).  We do cover the whole range of schemes from basic Stakeholder pensions right through to Group schemes. In addition, the use of Qualifying Recognised Overseas Pension Schemes (QROPS) and Employer Financed Retirement Benefit Schemes (EFRBS) now forms a key aspect to retirement planning for our clients.

A change to pension rules in 2006 now means greater choice.  Moreover, the market turmoil in 2008 has led us to seek out alternative investments to diversify our portfolios in order to assist in avoiding falls and to take advantage of opportunities. Changes to pension rules and taxation rates in 2009 have changed the complexion of retirement planning in the UK, particularly for high earners. 

For those approaching retirement, you will have a significant number of decisions to make.  The combination of options available can be mind-boggling.  Our specialist advisers can work through this complex area to make sure you get the most out of your resources in the most tax efficient manner.

For many years now we have been evolving a more holistic integrated approach to create the best benefits in retirement for our clients. 

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