Our services

Administration, trusteeship and scheme governance

Because we act as both trustee and administrator, everything from the first contribution to the final benefit payment is handled by one accountable team in Gibraltar.

Pension Administration

We provide full day to day administration for the schemes we operate, so that employers and members always know where they stand.

Maintenance of member records, contribution histories and scheme accounts
Collection and allocation of employer and member contributions
Processing of transfers in and transfers out with the ceding and receiving schemes
Calculation and payment of retirement benefits, lump sums and income drawdown
Member statements, scheme reporting and correspondence with the Gibraltar Income Tax Office

Professional Trustee Services

As professional trustee we take on the legal responsibility for the scheme and its assets, acting solely in the interests of members and beneficiaries.

Holding scheme assets under irrevocable trust for the exclusive benefit of members
Reviewing proposed investments against allowable investment, diversification and prudency requirements
Ensuring dealings are at arm's length and on commercial terms
Exercising trustee discretion on death benefits and beneficiary nominations
Ongoing governance, record keeping and regulatory compliance

Defined Benefit Scheme Support

We support employers and members with defined benefit arrangements, including where members are considering their options.

Liaison with existing defined benefit scheme administrators and actuaries
Handling of transfer value requests and the associated documentation
Receipt of transfers into our QROPS and Gibraltar approved schemes where permitted
Co-ordination with the member's own regulated financial adviser

Employer and Group Schemes

As workplace pension provision becomes a requirement for employers in Gibraltar, we make it straightforward to put a scheme in place.

Set up of group arrangements based on the Jubilee Personal Pension Plan
Individual member plans, so leavers require no transfer, only a cancelled direct debit
Occupational scheme trusteeship and administration through the Platinum scheme
Employee communication and onboarding support

Request a free consultation

Speak to a Gibraltar-based trustee about the right pension arrangement for you or your business.

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