Offshore pension structure
Offshore pension structure option - available to Isle
of Man or Jersey residents or international
expatriates
If you are resident in the Isle of Man or
Jersey, or are an international expatriate, you may wish to
hold your self-managed or discretionary managed investments within
an approved pension structure. For Isle of Man and Jersey
residents, such a structure offers the benefits of tax relief on
contributions. International expatriates may not qualify for Isle
of Man or Jersey tax relief, but they are able to share in many of
the other benefits that include:
- being able to play an active role in determining the
composition of your pension portfolio
- flexibility of contributions
- total transparency of assets
- succession planning where assets can be passed onto whomever
you wish in the event of death
- avoidance of the need for probate
- an effective means of asset protection
- flexibility to determine your retirement age
- No requirement to purchase an annuity.
Should you wish to discuss any of the above services in greater
detail, please contact our client services team on +44 (0) 1624
645000.