Paul Hinstridge joins Kreston Pensions (IOM) with ten years’ experience in the offshore industry and will help develop the company following its registration as a QROPS provider with HM Revenue & Customs in June.
On Hinstridge’s appointment, chief executive at Kreston Pensions, David Pope, said: “[Paul] will ensure we achieve our aim to provide a quality of service to clients that we believe is not currently available to all, in a competitive market place.”
The QROPS Bureau will assist the newfound company with the “implementation and development” of its QROPS, QNUPS and international pension’s services by providing technical support, training, compliance support and due diligence to professional advisers and product providers.
Kreston (IOM) is the Isle of Man’s sole representative of Kreston International, a global provider of services in pension administration, compliance and advisory services.
The company formed Kreston Pensions (IOM) in May, when it received approval from the Isle of Man Insurance and Pensions Authority to become a registered pension schemes administrator. In June, the newly formed company launched its first QROPS scheme, which is now listed on HMRC’s website.
