Where traditional pension planning is not available, either due to restrictions on funding or the inability to attract tax relief, the Trinity Pension Scheme (Trinity) offers an alternative. A fully-regulated overseas pension scheme, Trinity facilitates more flexible benefits in retirement, provides tax-efficiency and enables more investment choice, before and after retirement.
Specially designed for UK domiciled individuals, Trinity fully recognises and satisfies the relevant UK rules while providing the option to change the currency of your pension fund and your retirement pension to match your local currency. It also permits the option on death to pay funds to your family or nominated beneficiaries.
Trinity Key Features:
- No Contribution Limits: Trinity offers an alternative to allow high earners to accumulate sufficient retirement savings
- Pension Planning for UK Expats: For those working overseas, it is not usually possible to obtain tax relief on contributions into a UK pension and a local scheme is often not practical; Trinity seamlessly navigates these potential challenges
- Pensions Paid Free of Tax at Source: If you are no longer a UK resident for tax purposes, you will not want UK or other tax to be deducted at source from your pension
- Succession Planning: Nominate your requested beneficiaries in the event of your death
- Investment Choice: Trinity offers a broad range of investment options, from simple bank accounts to streamlined platform-based investments (such as insurance bonds or stock trading portfolios)
Talk to your adviser, or one of our team to understand more about Trinity in respect of your personal circumstances.
