Richard: mid 50s, married with children, professional technology consultant

Richard worked around the world – the UK, in the Far East, and then in Ghana, where he works for a  West African telecommunications company. Even though he had worked in the UK for 15 years, he felt that his UK pension would not be worth much.

Richard did not believe in financial advisors, and had not taken professional financial advice. When we met, he had GBP100k cash savings and was very proud of this achievement.

We contacted his UK pension company. He had over GBP300k in his pension – three times more than he had managed to save, and he knew nothing about it.

We set up a QROPS for him, and he has his pension capital invested in a low tax environment. He now takes professional financial advice and we actively manage his investments for him.