Defined Benefit Services

Defined Benefit Services

AVIVA recently announced they would be pulling all DB services from the Isle of Man, Guernsey and Channel Islands. In some cases they have put forward another UK provider whose experience in offshore jurisdictions is uncertain. Boal & Co have the local knowledge and experience necessary to provide these services for you.

Boal & Co offers a range of services for defined benefit pension schemes including Scheme Actuary, Administration and Independent Trustee.

As a local provider we are experts on local regulations and provide employment on the Isle of Man.  We are the largest pension provider on the Isle of Man and provide administration, trustee and actuarial services for several corporate schemes on the Isle of Man.  We are also trustee and administrator of several Isle of Man master trusts, and personal schemes including SIPPS and SSASs.

Providers in the UK don’t have this knowledge and often have difficulty keeping up with developments, in some cases leading to them pulling services out of the IOM completely.

If your scheme has been affected by this then get in touch with Boal & Co to discuss possible solutions.

Contact Daniel Winrow - or (+44) 01624 606628

Full details on our pension services can be found here

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