International Pension Plans

Guernsey allows two types of scheme:-

A defined benefit or contribution scheme, established by an employer; or
An offshore plan for an individual or groups of individuals who may not be members of the same corporate group but who contribute individually to the plan.

With regard to offshore schemes:-

They must have an independent Guernsey trustee (corporate or at least two
individuals) and be administered in Guernsey.
All members must be non-residents of Guernsey and Jersey. There is no maximum number of members.
There is no fixed contribution or benefits limit.
The Administrator of Income Tax in Guernsey prefers the scheme to provide that benefits will be taken between the ages of 50 and 75 except in the case of disability/redundancy.
There is no tax payable in Guernsey on contributions on the investment income of the fund or on the annuity/pension payments or on lump sum withdrawals. (There might, of course, be tax in the jurisdiction in which the member is resident during his employment and following retirement.)

GTC will be pleased to provide details of fees charged for acting as a Trustee of an international pension plan