OVERSEAS CONTRACTORS:

Pensions

Both Jersey and Guernsey have provision in their legislation for the establishment and administration of pension schemes. Employer-sponsored and personal pension schemes can be set up and these schemes are available for both residents and non-residents of the Channel Islands. Offshore pension schemes can be a very tax efficient form of saving and are ideal for highly paid persons who move countries in the course of their employment.

These schemes, which generally take the form of trusts, allow great flexibility in how pension funds can be invested and how benefits are taken. They can be used to invest in property as well as more traditional forms of investments such as equities and bonds. Herald has great experience of administering property investments as well as securities portfolios and has access to a panel of investment managers with a view to securing the best investment performance for clients. Alternatively, a client may use their own investment adviser.

As well as being able to establish its own schemes in Jersey, Herald has links to one of Guernsey’s premier offshore pension providers as there can be particular requirements of a scheme which are presently available only under Guernsey legislation.

We also offer other professional financial services:

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