WAY Trustees: Professional Trustee Services for RL360 Services (Ex IOMA) Trusts

Trusted Support for Trustees, Families, and Advisers

At WAY Trustees Limited, we offer Professional Trustee Services built on more than 20 years of experience. Whether you’re a Private Individual, or a Financial Adviser supporting your Clients, we make Trust Management simpler, clearer, and fully compliant.

We’re now offering our services to those involved with the (ex) IOMA Flexible Reversionary Trusts, now administered by RL360 Services  —including the Estate Control Bond (ECB), Estate Management Bond (EMB), Estate Transfer Bond (ETB) and the WAY Estate Transfer Plan (ETP) structures—providing expert support, peace of mind, and reduced administration.

Who We Are

WAY Trustees is a specialist Professional Trustee company. For over two decades, we’ve helped families and their advisers,  manage UK-based Flexible Reversionary Trusts with care and confidence.

We worked with IOMA (the original provider of the plans) for many years and even used their offshore bond for one of our own Trust solutions. That means we not only understand the product but also how it works in practice—day to day, year after year.

Why Appoint WAY Trustees?

Managing a Trust involves regular interaction with connected parties such as the family, the Financial Adviser and in this instance, the bond provider, like RL360 Services. This can become time-consuming and complicated for Lay Trustees with the need to manage the annual maturity process.

By appointing WAY Trustees, families benefit from:

✅ Over 20 Years of Experience – We’ve managed these types of Trusts since they were first introduced.
✅ Continuity and Stability – No risk of Trustees becoming uncontactable or stepping down unexpectedly.
✅ Trusted Expertise – We understand the structure and administration of RL360 Services Trusts inside and out.
✅ Clear, Central Communication – One consistent point of contact reduces delays and missed actions.
✅ Full Compliance – We handle Trust Registration, FATCA/CRS, and HMRC updates.
✅ Peace of Mind – For Settlors, Trustees, family members, and Advisers alike.

How It Works

We’ve made the process smooth and easy for both Clients and Advisers:

Step 1: Introductory Contact
• Family receives a welcome letter and our fee schedule.
• A discovery call with a Trust Manager.

Step 2: Trustee Appointment
• Lay trustees sign a standard Deed of Appointment & Retirement.
• Required documents:
– Original Trust Deed
– Expression of Wishes
– HMRC Trust Registration Certificate
– Updated contact details
• Lay Trustees to send completed documents to WAY Trustees.

Step 3: Onboarding
• We liaise with RL360 Services to collect trust data and set up access.
• Welcome packs are sent to the Adviser and Settlor.

Step 4: Ongoing Support
• Access valuations through RL360’s online portal.
• We manage maturity and deferral documents each year.
• We co-ordinate expression of wishes with the family and review investment performance with the appointed Adviser.
• We oversee distributions and ensure HMRC compliance.

What’s Included in Our Service

✔ Professional Trustee Appointment
✔ Annual Trust Registration & Updates (TRS)
✔ Maturity & Deferral Management
✔ Annual Valuations & Reviews
✔ AML and Due Diligence Oversight
✔ Transparent Fixed Annual Fee
✔ Dedicated Trust Manager for You or Your Clients

Fee Structure

• Fixed annual fee, payable on onboarding and each policy anniversary
• Collected from the trust policy via partial encashment
• Any additional services invoiced quarterly in arrears
• Electronic signatures accepted where permitted

Get Started Today

Whether you’re a Financial Adviser supporting Clients, or a Private Individual, we’re here to help. Appointing WAY Trustees means less worry, more clarity, and trusted professional support for your RL360 Services Trust.

If you would like to learn more get in touch with us today.