Retirement advice for Savings Trust members

There's a lot of choice and flexibility when it comes to taking your Rolls-Royce Retirement Savings Trust benefits, so it's good to have someone who can help to create a retirement solution that works for you.

That’s why the Trustees have arranged for discounted access to regulated retirement advice with WPS Advisory for both current and deferred Savings Trust members.

How does it work?

You'll start by registering for the service with WPS Advisory. They'll contact you within three working days, asking you to book a meeting with them. This starts your financial planning journey, which will include advisor-lead meetings and a recommendation. Your advisor will explain the steps required in order for you to make an informed decision in respect of your retirement choices. They'll also keep you up to date with timescales and the level of service you can expect.

To find out more about WPS Advisory and their approach, please visit their website at WPS Advisory    

What's the cost?

All members can access the service at preferential rates, and some will have the cost funded for them. Find out more below...

Current Rolls-Royce employees, aged 55 and over with at least three years service

You're entitled to retirement advice that's funded by Rolls-Royce and the Savings Trust on leaving employment. The only cost to you will be a nominal benefit in kind tax charge.

When you leave employment with Rolls-Royce, we'll contact you to explain what happens next. If you want to use the retirement advice service from WPS Advisory, just register your interest on their website and they'll be in touch at a time that suits you.

All other members

You can access the retirement advice service from WPS Advisory at a preferential rate of £500 + VAT.

How to register for retirement advice

When you're preparing for retirement, you can register for the DC retirement advice service portal: https://go.wpsa.live/RRRST

Please don't register until you are certain that you're ready to retire, as this may result in you receiving advice that's not suitable, and you may be charged for it.

You can register up to four months ahead of your planned retirement date.

Funded retirement advice - useful to know...

The funded retirement advice service is a one-time offer for over 55s leaving employment with Rolls-Royce. You have three months after leaving to take this up - if you take the retirement advice later, you'll have to pay for it.

The funded advice is a standard service covering your membership of the Savings Trust. If you have other retirement savings or more complex requirements, you may have to pay an additional fee. WPS Advisory will let you know if additional fees apply, so don’t worry about receiving an unexpected bill.

If you don't qualify for funded retirement advice, WPS Advisory will make you aware of any additional fees so you can decide whether to continue or not.

If you have any questions about the retirement advice process, you can speak to WPS Advisory by calling 01332 220777.