20 November 2025
PRESS RELEASE
Quilter Cheviot launches tailored discretionary decumulation offering
Quilter Cheviot, the high-net-worth wealth management arm of Quilter, has today announced the launch of the Tailored Income Service, a personalised decumulation offering.
The new offering will be based on Quilter Cheviot’s Discretionary Portfolio Service models, which will be selected depending on the client’s risk profile, capacity for loss and objectives, with the investment manager tailoring the portfolio to the client’s exact needs.
That tailored approach will see the investment manager select one, or a combination, of three core approaches:
- A dynamic and actively managed two-pot approach, with a short-term income reserve portfolio to meet regular and unexpected expenses, alongside a growth portfolio, to allow the majority of the assets to grow and provide longevity.
- A natural yield strategy where income is generated from dividends and interest, providing clients with a steady income stream without the need to sell investments, thus helping to preserve capital.
- An encashment approach, where income can be taken flexibly and in a personalised manner by selling down investments in a way that works with the client’s spending and according to the desirability of maintaining specific holdings
The Tailored Income Service has been designed to reflect Quilter Cheviot’s extensive experience in managing decumulation portfolios, as well as the company’s belief that financial planning enables more informed decisions to be made around portfolio structure.
Quilter Cheviot has chosen a more personalised option for it decumulation service over a one-size-fits-all solution due to the unpredictable nature of people’s lives and retirements. Unlike specific retirement income funds or static withdrawal rates, Quilter Cheviot’s approach evolves with a client’s needs, market conditions and regulatory changes, helping to deliver sustainable income and peace of mind.
The minimum investment for the new decumulation offering will be £500,000. The charges for the Tailored Income Service are in line with Quilter Cheviot’s existing Discretionary Portfolio Service.
Caroline Simmons, chief investment officer at Quilter Cheviot, said: “Traditional ‘off-the-shelf’ retirement income solutions, often built around static withdrawal rates, cannot account for the realities of market volatility, evolving regulation, or the nuances of individual client objectives. Our tailored approach – whether that is through two-pots, natural yielding strategies, simple encashment or a combination of those – is designed to adapt to these complexities, ensuring a more confident, resilient and personalised retirement.
“At the end of the day life is lumpy, and this means people’s cash flows are too. Having a personalised service means those cash flow needs can be properly managed.”
Peter Gorogh, head of proposition at Quilter Cheviot, added: “Decumulation planning doesn’t happen in isolation. It overlaps with estate planning, tax efficiency and long-term wealth sustainability. For clients with significant wealth or complex needs, a tailored strategy is therefore vital. Recommendations around the investment structure help inform a client’s drawdown strategy and can make a lasting difference to their retirement over both the short- and long-term.”
