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trireme gets hmrc recognition for Malta qrops

By Mark Battersby, 20 Jun 13

Trireme Pensions Services (Malta) has received HM Revenue & Customs recognition for two QROPS products, adding to the growing profile of this jurisdiction in the international pensions marketplace.

Trireme Pensions Services (Malta) has received HM Revenue & Customs recognition for two QROPS products, adding to the growing profile of this jurisdiction in the international pensions marketplace.

The latest HMRC list now includes its Voyager Retirement Plan which is available to anyone who has relevant funds in a scheme that they wish to transfer, including transfers from US-connected persons.

Trireme also has the Pioneer Retirement Plan which is designed to accept non-tax relieved contributions from clients all over the world, including US-connected persons.

A number of discretionary asset managers have been appointed which can be selected by scheme members to manage their pension assets according to their individual risk profile.

The addition of two more personal pension schemes to the product range gives advisers “flexible solutions” for their clients, said Nick Mahy, managing director of Trireme Pension Services.

International Adviser reported in April that financial services group Praxis had launched a range of pension products through its Malta subsidiary, covering international, personal and corporate schemes.

The product range is licensed by the Maltese Financial Services Authority.

To read about the latest developments in QROPS  regulations, click here
 

 

Tags: Malta | Qrops

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.