Group Self Invested Personal Pensions
Elite Group SIPP offers the opportunity for employers to show some added value in
their employment terms. So what are the key benefits and features of this scheme
for both the employer and their senior executives:
- Executives can remain in the employer’s occupational scheme and operate the
SIPP for salary and bonus sacrifice
- Members have the opportunity to develop an investment portfolio outside of the main
scheme that more readily reflects their attitude to risk and retirement objectives
- Member can use the SIPP to:
- Consolidate transfer values from previous employment
- Make in specie transfers of other assets such as shares and recover the tax relief
- Make personal contributions up to the new limits (£235,000 for the tax year 2008/2009)
Working with employers Premier can assist in the design and implementation of a
‘new world’ pension option that will show real added value to executives
and directors in the way they are rewarded.
We offer IFAs and employers a full support and installation service:
- Scheme specific presentations for eligible employees
- Demonstration of the trading platform and online share dealing service
- Case studies covering:
- In specie transfers
- Bonus and salary sacrifice
- Property purchase
- Maturing share option schemes
- Employer guidance on managing the scheme
- Linkage to a flexible benefits programme using our own software thus allowing the
redirection of regular contributions if the member wants to opt out of the main
scheme