Platinum Occupational Pension Scheme

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PLATINUM PENSION SCHEME

OCCUPATIONAL

Introduction

The efpg Platinum Pension Scheme is an occupational pension scheme designed to enable employers to provide retirement benefits for their employees. It is cost-effective and easy to set up, providing simplified administration and flexibility for companies.

With an excellent range of underlying investments employers can be confident in providing their employees with the best foundation to save for their retirement. In addition, by being an IORPS compliant scheme it is available to employees who are residents of Spain.

Our trustee will work with employers to produce bespoke scheme rules to ensure the scheme meets each companies requirements specifically.

For more information on the scheme and how we can help you please contact us to arrange a meeting.

Scheme Overview

Scheme retirement age:

Age 55-75 depending on scheme rules, and the tax office.

YOUR PENSION:

The amount of this will depend on the size of your pension fund that will have accumulated by the time you retire. This amount is not guaranteed. (Amount payable = contributions + investment return)

BENEFITS PAYABLE upon retirement:

Under rules in force as at 9th March 2021 you may take the whole of your pension fund as a tax-free lump sum. However members who are tax resident in Spain should seek specific tax advice to ensure that benefits are taken without breaching Spanish legislation.

AMOUNT PAYABLE IF YOU DIE BEFORE YOU RETIRE:

If you die before you retire the value of your pension fund at the date of your death will be payable to your beneficiaries, as outlined in your expression of wish.

Amount payable if you die after you retire:

If the whole of your pension fund is paid to you as a lump sum when you retire then no further benefit is payable if you die after you have retired. If you have not taken the full value of your pension, then your beneficiaries will receive the remaining value.

Leaving the Company:

If you leave employment within two years of joining the Scheme a return of your personal contributions (less 10% tax) will be paid to you.

If you leave employment more than two years after joining it your fund will remain invested within the Scheme. Alternatively, it may be possible to transfer your fund to another approved pension scheme.

YOU SHOULD ALWAYS SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR BEFORE MAKING ANY DECISION.
CLICK BELOW IF YOU REQUIRE ASSISTANCE FROM OUR SISTER COMPANY EFFECTIVE FINANCIAL PLANNING GROUP.

GET ADVICE

Benefits

► No administrative burden/bespoke pension plan.

► Great flexibility and control for employers.

► Option to create individual rules and manage the pension scheme in a way that works for the employer.

► Suitable for Gibraltar and Spanish residents.

Free Consultation

" efpg has provided me with sensible and professional advice for the company's pension needs for many years. I would recommend anyone looking for a pension solution to talk to them. "

John Isola, Managing Director, Anglo Hispano

★★★★★

"On moving to Gibraltar I needed to review my pension arrangements. efpg not only did so, advising which should be moved and which should be left but also made all the necessary arrangements. Furthermore, their fee-based approach meant I did not lose any asset value from my pension due to commissions."

Marcus Killick O.B.E, Personal Pension Client

★★★★★

Introduction

Scheme Overview

Scheme retirement age:

YOUR PENSION:

BENEFITS PAYABLE upon retirement:

AMOUNT PAYABLE IF YOU DIE BEFORE YOU RETIRE:

Amount payable if you die after you retire:

Leaving the Company:

YOU SHOULD ALWAYS SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR BEFORE MAKING ANY DECISION.
CLICK BELOW IF YOU REQUIRE ASSISTANCE FROM OUR SISTER COMPANY EFFECTIVE FINANCIAL PLANNING GROUP.

Benefits

" efpg has provided me with sensible and professional advice for the company's pension needs for many years. I would recommend anyone looking for a pension solution to talk to them. "

The efpg Group

WE GET RESULTS

FOUNDED IN 2004, efpg IS A WELL REGARDED AND ESTABLISHED COMPANY THAT HAS A PROVEN TRACK RECORD.

↓Stay In The Loop↓

EUROPEAN FINANCIAL PENSION GROUP

Introduction

Scheme Overview

Scheme retirement age:

YOUR PENSION:

BENEFITS PAYABLE upon retirement:

AMOUNT PAYABLE IF YOU DIE BEFORE YOU RETIRE:

Amount payable if you die after you retire:

Leaving the Company:

YOU SHOULD ALWAYS SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR BEFORE MAKING ANY DECISION.CLICK BELOW IF YOU REQUIRE ASSISTANCE FROM OUR SISTER COMPANY EFFECTIVE FINANCIAL PLANNING GROUP.

Benefits

" efpg has provided me with sensible and professional advice for the company's pension needs for many years. I would recommend anyone looking for a pension solution to talk to them. "

The efpg Group

WE GET RESULTS

FOUNDED IN 2004, efpg IS A WELL REGARDED AND ESTABLISHED COMPANY THAT HAS A PROVEN TRACK RECORD.

↓Stay In The Loop↓

EUROPEAN FINANCIAL PENSION GROUP

YOU SHOULD ALWAYS SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR BEFORE MAKING ANY DECISION.
CLICK BELOW IF YOU REQUIRE ASSISTANCE FROM OUR SISTER COMPANY EFFECTIVE FINANCIAL PLANNING GROUP.