Our QROPS
The Isle of Man has one of the most advanced environments in the world for
handling QROPS transfers. The tax system is modern and flexible, the
regulatory environment robust, and the legal system comparable to that of the
UK.
The Lifestyle Pension (Isle of Man) - '50c'
Introduced in October 2010, section 50C of the Income Tax Act 1970 (known simply as ‘50C’) is one of the
most sophisticated pieces of tax legislation available in connection with QROPS,
allowing for enhanced lump sum payments over and above what you might expect from other jurisdictions.
The Lifestyle Pension (Isle of Man) is a highly flexible scheme written under trust,
designed specifically to access the key benefits of 50C.
Retirement benefits are paid gross.
View brochure here
This product offers an unfettered fund choice but IOMA Pensions has teamed up with
Barclays Capital to provide capital protected products,
the Lifestyle Protector 70 and Lifestyle Protector 80, designed very much with the QROPS market in
mind and 50c in particular.
View brochure here
The Lifestyle Pension (Wrap) Account
The Lifestyle Pension (Wrap) Account is a Self Invested Personal Pension (SIPP) written under trust
is one of the most flexible and secure products in its marketplace with an unrivalled array
of investment opportunities.
Retirement Benefits are paid net of prevailing Isle of Man income tax.
View brochure here
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