There is NO requirement to purchase an insurance annuity;
There are no limits on contributions to the fund, nor fund size;
Flexibility as to when benefits can be taken from the Plan (subject to personal tax situation);
Greater tax efficiency on drawdown (individual advice is recommended before drawdown);
It is open to all nationalities;
A transparent charging structure with no hidden penalties or exit fees;
The ability to take in transfers from UK approved pension schemes;
The Plan is not subject to tax (gross roll-up on funds) and is outside the influence of the EU. This is especially attractive in light of the new European Savings Tax Directive;
A bespoke solution with your own investment strategy, with investment in stocks, bonds, alternative investments, deposits, real estate, private equity, options and life policies (subject to the consent of the Trustees).