Boal & Co specialises in the provision, administration and trusteeship of overseas self-administered pension solutions for companies, partnerships and individuals. For these clients, we are able to construct and administer bespoke pension arrangements, bringing to bear the full benefits of our independence and impartiality.
BOAL & CO - ISLE OF MAN, JERSEY AND GIBRALTAR
Boal & Co (Pensions) Ltd is registered with the Isle of Man Financial Services Authority (IOMFSA) as a professional Registered Schemes Administrator.
Boal & Co Pensions (Jersey) Ltd is regulated as a trust company by the Jersey Financial Services Commission.
Boal & Co (Gibraltar) Ltd is regulated as a professional trustee for pensions business by the Gibraltar Financial Services Commission.
Boal & Co provides pension trustee services in all three locations, and provides pension administration in the Isle of Man and Gibraltar. As at September 2015, Boal & Co had over $10 billion of pension assets under trusteeship in schemes across the three businesses.
IPPs offer a single plan to employees irrespective of where they are based, allowing for regular, consistent contributions which is simpler to administer and monitor than running many disparate plans.
Boal & Co provide a full range of administrative services to larger company pension schemes (250+ members) in the Isle of Man. Some of these schemes also include members based in Jersey and Guernsey.
For Isle of Man residents with substantial UK and/or domestic IOM pension funds (typically £200,000 plus), SIPP's can provide valuable taxation advantages and estate planning solutions in addition to offering increased investment flexibility.
All schemes are required to have at least one trustee who is 'independent' of the employer. Our experience of all aspects of pension schemes means that we are expertly positioned to act as independent trustee.