QLG Burstows wins Law Soc approval

The Law Society has officially authorised David Bridgeman, of QLG Burstows, as a 'Qualified Person' to advise on corporate pensions.

The firm can now advise on all aspects of financial asset management and company benefit planning, including occupational pension schemes and private medical insurance.

The three-person department has subcontracted its investment side to Lewes stockbrokers Burrough Johnstone and is developing its pensions work.

Bridgeman, previously with insurance brokers Willis Corroon for four years before joining Burstows in 1993, predicted corporate pensions would be a big area of work for the firm.

"There are a limited number of financial advisers," said Bridgeman, adding that many were joining networks. "This leaves us in a strong position.

"We can advise companies on mergers and acquisitions and we are well placed to give advice as clients are used to solicitors charging fees."

Burstows recently advised a client on possible ways to extract funds from a self administered pension scheme, which were then used to provide the company with a tax efficient generation of growth capital.