Adsen Moore Financial Consulting

International Pension Plans (IPPs)

Based in British overseas territories, IPPs were schemes that catered towards non-domiciled individuals employed in the UK. Retirement age and taxation depends heavily upon residence and scheme set up.

For guidance, most pre-'A Day' schemes allowed retirement at age 50 and had corresponding tax relief on contribution. Post-'A Day' schemes should be treated as UK pensions as tax relief been given at source and retirement at age 55.

Most of the IPPs we advise on are domiciled in Jersey and Guernsey.

Why individuals seek advice:

Tax and draw-down clarification - teaming up with a London law firm and chartered tax consultancy, Adsen Moore are able to help our clients have a clear understanding of their options
Investment Flexibility - Most IPPs have limited fund ranges and costly dealing charges
Charges - Most IPPs have large hidden fees and ongoing charges
Consolidation - Having many pensions across various schemes gives uncertainty upon death, draw-down and management
Jurisdictional Risk - Having pensions domiciled in the channel islands is of concern to many mainland European clients
Lifetime allowance - Post 'A Day' Schemes count towards your overall lifetime allowance

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International pension plans (IPPs)

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Drawdown and Taxation Advice

Depending on your type of IPP, whether its pre or post aday (2006) and where you are living taxation is always of paramount importance. Speak to our team about how we can help.

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Flexibility & Cost

Paying too much every year and on trading? Want to choose your investments? Whether that is ETFs, Stocks, Bonds, head funds etc than speak to our wealth management team and check out our professional client offerings.

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