By Santhosh V Perumal/Business ReporterQatar’s private sector is all set to get a facelift in the labour market with three companies, in association with the UK-based Guardian Wealth Management (GWM), now in advanced stages of undertaking tailor-made financial planning to prepare them for end-of-term benefits of employees as well as pensions.The schemes would not only ensure protection against inflation and ensure payments against the end-of-term benefits to be treated as assets but also allow them to pay loyalty bonus if they so wish, should funds generate more returns, GWM Qatar CEO David Russell told Gulf Times in an interview. GWM is authorised by the Qatar Financial Center Regulatory Authority.“We have been approached by a couple of companies that are looking at establishing some sort of investments,” he said, adding specifically, it has been dealing with about three, one dealing with employees paying in and the other two dealing with the gratuity. However, he declined to name the private players citing confidentiality pacts.Elaborating on the employees’ pay-in scheme, Russell said if somebody has worked for 10 years then they need 10 months of salary and if there were many employees and then that would be a tremendous amount of money for the company to be kept aside as “inevitable” debt.In this context, he said it advised the client to create a special vehicle where the company could invest every month to build up the fund (which would be managed by selected custodians) so that the amount so parked would not only be an asset on their balance sheet but it could also earn higher returns depending on the investment strategy and market conditions.“The whole idea is to prepare them for a large inevitable debt and protect it (the contributions) from inflation,” he said.Asked whether GWM has reached the point of selecting custodians, he said: “We have researched properly in deciding between the two (most likely we may use both) but depending on the specifics of the employees needs.” The potential custodians are based in Isle of Man and Channel Islands.The wealth manager, whose clients traditionally are British expatriates, is also targeting other high net worth expatriate communities, mainly in the hydrocarbons and telecommunications sectors, and is strengthening its pool of financial advisers.“We will grow with Qatar. We are not interested in rushing to expansion and having far too many advisers here for the local population. We will grow organically as we feel the demand for our advisory grows,” Russell said, adding that it has established links with Golf Club and Rugby Club for tapping high net worth clients.Highlighting that it undertakes a ‘holistic’ financial planning, he said: “We will advise them on an open architecture vehicle to give better tax efficient investments and also to see that inheritance tax is reduced.” It deals with Irwin Mitchell for legal matters.