Baker Tilly Isle of Man is recognised as one of the leading offshore Pension Service Providers

For many years Baker Tilly Isle of Man has been providing comprehensive pension consultancy, trustee and administration services to companies and individuals in the Isle of Man, Gibraltar and other jurisdictions.

With the increasingly complex nature of pension legislation, regulation and rules it is essential that pension scheme trustees, employers and scheme members have relevant expertise available to them.

Baker Tilly Isle of Man has many years experience in dealing with pensions on both domestic and international levels. Our pension consultancy and administration team along with our investment in suitable information systems enables us to provide the necessary expertise.

Legislation dealing with domestic schemes in the Isle of Man came into full effect on 1 May 2005. This legislation provides for a fully regulated framework under which Baker Tilly Isle of Man, as a professional advisor, must act.

Regulations dealing with international schemes came into force on 1 January 2002. These regulations enable employers with employees in multiple jurisdictions to provide one centralised scheme that covers their entire workforce.

Baker Tilly Isle of Man can deal with pension schemes in other jurisdictions, particularly Gibraltar where we have already set up and Whether you are a company or an individual Baker Tilly Isle of Man can help you with all your pension needs including the following services:

• Formation of a company scheme . this could be a group arrangement for all staff or a small self administered scheme (SSAS) for a selected group of directors or employees
• Formation of a Self Invested Personal Pension (SIPP) either using our master arrangement or an individual tailor made scheme
• Provision of trustees for any existing or new scheme
• Full scheme administration utilising experienced staff and our specialist pension administration system
• Accountancy and bookkeeping . this can include preparation of formal trustee reports and accounts as required for submission to the appropriate authorities
• Transfer of schemes from the UK to other jurisdictions where QROPS status can be obtained
• Regulatory, administrative or Trustee training programmes
• Review services for in-house administrators
• Consultancy