Pensions law and regulation is a complex and constantly evolving area of legal expertise. Trustees and administrators must ensure that their practices and procedures reflect current standards and keep schemes under regular review.
The Isle of Man is an established and well regulated jurisdiction for international pensions business, offering advantageous tax rules in certain circumstances, for example, using a QROPS.
Our leading pensions team provides technical yet pragmatic advice to companies, employers, trustees and administrators on all aspects of pensions law and regulatory issues, and liaises with both Treasury and the Financial Services Authority.
Our expertise includes advice on the management of pensions involving sales, reorganisations, employer debts, cross-border issues, from the establishment of new schemes and changes to existing schemes to the winding up process.