The Financial Conduct Authority has issued a letter to major pension providers regarding the acceptance of Defined Benefit Transfers.
The Board of Westerby have given this due consideration and until we are certain of the implications that this may have for Westerby, we do not consider that it is prudent to accept any Defined Benefit Transfers into our SSASs or SIPPs.
AMPS, our “trade body” will be discussing the letter with the FCA with a view to gaining the required clarification.
On Wednesday, 26th March, Westerby’s founder and chairman, Les McLintic, announced to staff that the company is now an Employee Ownership Trust (EOT). This transfer of ownership of the group makes Westerby employees potential beneficiaries of future profits. This...
The Annual Westerby Company Ball was held on the 17th of January 2025, uniting approximately 100 attendees for an evening of celebration, recognition, and camaraderie. This year’s theme, “Black and White,” set a sophisticated backdrop, emphasising the elegance and...
Following on from the 2024 Autumn Budget on 30th October 2024, the Chancellor unveiled some reforms to pensions and tax, that may affect you and, in particular, your pension planning. A brief roundup of these changes is summarised below: Inheritance Tax (IHT) &...
We are aware that some clients and advisers may be experiencing issues accessing information on our online portal. We are working with our providers to resolve this as quickly as possible. In the meantime, please contact our office on 0116 326 0183, or via your usual point of contact, for any information or assistance you need.
