PFS SIPP
Our Pension Freedom Scheme (PFS) Self Invested Personal Pension offers you flexibility with your pension savings.
Helping Isle of Man residents save for retirement bring your existing pensions in to a single, flexible scheme.
PFS SIPP benefits include:
01
Flexible
Benefits can be drawn from the age of 55 in a manor to suit your circumstances
02
Lump sum
Access to a 40% tax-free cash taken from the fund value from the age of 55
03
Investment choice
There is a wide choice of investment solutions compared to a traditional insured pension scheme, including funds, bonds, stocks and cash
04
Future planning
Any remaining balance of an MFPT SIPP upon your death can be used to provide a tax-free legacy for your beneficiaries
05
Tax efficient
Annual allowance of £50,000 for pension contributions and no Isle of Man tax paid on any investment gains
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