MC Trustees QROPS
|
%20Logo.png "MC Trustees QROPS") |
MC Trustees (Malta) Limited is under the same ownership as MC Trustees, a small group of companies based in the United Kingdom, who have been administering Small Self Administered Schemes (SSAS) since 1986 and Self Invested Personal Pensions (SIPPS) since 1995.
The UK operation looks after approximately 1,500 plans which hold just under £1 billion of client assets. The Malta company was set up to provide a Malta based pension which would be accepted by Her Majesty's Revenue and Customs (HMRC) as a Qualifying Recognised Overseas Pension Scheme (QROPS).
The MCT Malta Private Retirement Scheme is based in Malta, a member of the EU, and has been approved by the Malta Financial Services Authority (MFSA) as well as HMRC. By transferring existing UK pension benefits into the scheme, members are able to legitimately move their pension arrangements from the UK tax regime. This means that, after five years non residence, any tax would be payable in the country of residence and not in the UK and that certain UK charges on pension transactions will not apply.
For more information, visit the MC Trustees (Malta) website.
The Ascentric website hosts information from third party product providers regarding their products and services. This information, and any links from these pages, are provided by the product provider themselves and carry no endorsement by Ascentric. You use such information, and links to other websites, entirely at your own risk. Such information is provided by pages maintained by independent third parties and Ascentric accepts no responsibility for the availability, content or use of the information contained on them.