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Pensions News

April 2008

Portfolio Account - Prudential International

The all-new Portfolio Account is Prudential International’s new flagship portfolio bond product, replacing the previous Prudence Portfolio Bond.  The changes inherent in the new product are more of a revolution than an evolution...................

March 2008

No Annuity? No Problem!

Boal & Co have launched the Balley Chashtal Drawdown Plan, to give local (and international) pension savers the opportunity to draw their pension from an Isle of Man personal pension scheme, without having to buy an annuity...................

March 2008

New IoM Personal Pension Schemes

Boal & Co have launched a new Isle of Man range of pensions solutions, to fill the void left following the withdrawal of Norwich Union from the Island last year..................

March 2008

New QROPS Transfer schemes for UK Pensions

Boal & Co have launched a new range of offshore pensions solutions, to facilitate QROPS pension transfers (including protected rights and GMP benefits) for British expatriates and other UK non-residents with pensions left behind in the UK.................

 

March 2008

UK Pension Transfers

Isle of Man SIPPs and personal pensions are now available to all.  Isle of Man schemes offer particular financial planning opportunities for UK expatriates and other UK non-resident individuals with pensions left behind in the UK................

October 2007

Pensions - New IOM Tax Rules

Following the consultation exercise earlier this year (to which Boal & Co responded), the Isle of Man Treasury / Income Tax Division have now published details of the proposed new tax rules governing IoM pensions..................

October 2007

Pre-Budget Report 2007 News - Overseas Pension Schemes (QROPS etc.)

Sometimes it is heartening to see that tax authorities can back-track on ridiculous tax policy..................

January 2006

Pension Transfers from UK to Isle of Man

Changes to UK pensions legislation in April 2006 will end the reciprocal agreement facilitating pension transfers between UK and Isle of Man pension schemes. Isle of Man residents contemplating transfer of UK pensions to Isle of Man schemes are advised to act now................

April 2003

Boal & Co - registered with IPA as professional Schemes Administrator

Boal & Co (Pensions) Ltd was successful in its application to the Isle of Man Government Insurance and Pensions Authority (IPA) as a professional Registered Schemes Administrator..............

March 2002

International Pensions Developments - Isle of Man - Information Bulletin

With the enactment of the Retirement Benefits Schemes (International Schemes) Regulations 2001, the Isle of Man has now implemented an extensive regulatory framework............

July 2001

Representative Office Of Prudential Assurance - Information Bulletin

With effect from the 14th July 2001, Prudential's permanent address for Isle of Man business is c/o Boal & Co............