The Brooklands (Gibraltar) Retirement Annuity Trust is the latest in its range of international pension products, through the company it has established in the jurisdiction called Brooklands Trustees (Gibraltar).
Paul Evans, group chief executive of Brooklands Pensions, said the process had taken in excess of 12 months, working closely with Gibraltar Financial Services Commission and establishing a team of trained professionals in Gibraltar.
He added that this addition to its product range ensured it had “the right products to fulfil most of their clients global retirement needs”.
The standard set-up fee is £600 and the annual charge is £800, while for the lite option for investments up to £100,000 the set-up fee is £300 and the annual fee is £300.
Brooklands now offers a UK SIPP, New Zealand QROPS, Gibraltar QROPS and Malta QROPS as part of its overall range of international pension schemes and have fully staffed offices in London, Gibraltar and Dubai.
Earlier this year, Gibraltar extended the range of pension products which could be established in the jurisdiction. Click here to read more.