When you are looking for an expat pension you need to realise that there really is no such thing as an International Pension Plan that is able to take advantage of the tax breaks offered to approved retirement schemes in your home jurisdictions.
Almost without exception, the "retirement savings" products are duplicates of the regular savings plan with a different label. These products all fall into the contractual savings plan variety.
Of course, it is generally not possible to invest in the home schemes which offer tax breaks as you almost always need to have earnings in that country to qualify and those earnings would be taxed. However, an expat pension plan will be more flexible and will not suffer tax on the funds as they accumulate in a tax haven, so this is an area that many expatriate clients look at closely.
Over the years, the issue of charges has often driven expatriate investors away from these products but our versions of these products offer such massive enhancements that they are hard to ignore.
We have negotiated substantial reductions in the initial costs to provide truly enhanced terms with more flexibility whilst retaining the loyalty bonuses and additional allocations that come as standard.
If you wish to understand a little about how to plan for your retirement properly using a real financial plan to try to ensure that you do have enough money at the age of retirement to maintain the lifestyle that you had as an expatriate or even better then you should read our how to retire in comfort article
You should still only invest in a fixed term plan provided you are absolutely sure that the level of contribution is sustainable throughout the entire term of the plan.
If the amount you wish to invest is not sustainable for a fixed period of time then you should invest the surplus into an open-ended savings plan which will allow you to be completely flexible in your contributions without any sort of financial penalty at all. We are happy to discuss individual cases if you are confused.
We only recommend those on the list below. If you want to discuss any other plans then we are very happy to tell you why they are not on this list.
International Pension Plans
Close Private Bank - OPES
Friends Provident - Premier
Generali International - Vision
Royal Skandia - Managed Pension Account
Follow the links for a detailed explanation of each product and the bonus allocations offered through us
