Pensions

Pensions

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 & MALTA

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 the Isle of Man, Jersey and Gibraltar, and pension administration services in the Isle of Man and Gibraltar. As of 2018, Boal & Co had over $11 billion of pension assets under trusteeship in schemes across the three businesses.


 MAIN SERVICES

SCHEME ADMINISTRATION

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.

ACTUARIAL SERVICES

Our Actuarial services include Scheme Actuary appointments, providing regular funding valuations and advice for international pension schemes. We can also produce accounting disclosures which comply with the appropriate standards. A wide range of consultancy services are also available to schemes and trustees.

INDEPENDENT TRUSTEE

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.

INTERNATIONAL PENSIONS

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 PENSION SCHEMES

Boal & Co offer a number of our own established domestic and overseas Master Trust schemes, including those with QROPS approval. More information can be found in the 'Our Schemes' section of our website.

SELF INVESTED PERSONAL PENSIONS

For Isle of Man residents with substantial UK and/or domestic IOM pension funds (typically £200,000 plus), a bespoke SIPP can provide valuable taxation advantages and estate planning solutions in addition to offering increased investment flexibility.