The EFPG Jubilee Personal Pension Plan

We all have to provide for our retirement.

Even if you are relying on selling your businesses, downsizing your home or investing in buy-to-let property to provide for your retirement, establishing a pension and investing in good quality, liquid investments is a prudent decision to make.

Compared to a general savings scheme a pension scheme has two particular advantages:

  • Tax efficiency - unlike other savings and investment schemes contributions qualify for tax relief if you have taxable income in Gibraltar.

  • Your money is established in a fund specially earmarked for your retirement, and is protected against any other pressures or use.

The EFPG Jubilee Personal Pension Plan- At a Glance

EFPG's Jubilee Personal Pension Plan offers excellent investment strategies, low costs and flexibility with the added feature of on-line access so you can monitor your pension’s progress. We believe it to be the best personal pension plan available in Gibraltar.

  • A Gibraltar Tax Office approved personal pension scheme

  • Available to individuals aged 18 to 74

  • Save regularly from £100 per month

  • Free trading for regular investments in funds

  • Flexibility to stop, start or alter your contributions and no penalties if you stop or reduce your contributions

  • Accepts contributions from you and/or your employer (if applicable) & lump sum contributions are accepted at any time

  • Efficient and low cost

  • Flexible over how and when you take retirement benefits

  •  24/7 on-line access to view your pension investments and cash movements.

What makes the EFPG Jubilee Personal Pension Plan stand out?

The EFPG Jubilee Personal Pension Plan utilises “best of breed“ administration and investment management. This means that the Jubilee Personal Pension Plan is unbeatable because of the combination of low costs, flexibility, and investment options. EFPG also endeavours to quantify every fee and cost that your pension will face and inform you of them. EFPG believes that transparency and the full disclosure of costs should be a standard.

Low costs

The Jubilee offers free trading for regular investments into a very wide range of funds. This can save very significant sums in the long-term. EFPG has examined the effects that trading costs and other fees can have on an investment portfolio in this article.

The cost of holding investments is also extremely competitive – for regular trading this fee is 0.30% p.a. with a €78 annual account fee

The cost for administration and Trustee services is a combined 1.0%.

Flexibilty

Once any advice and set-up fees are paid you are completely free to lower or stop your contributions without penalty.

Investment Options

EFPG’s preferred investment option is a series of multi-asset funds and a world equity fund provided by Dimensional Fund Advisors. The funds are extremely efficient and are of the highest quality. The funds each invest in 11,000+securities across the globe, so investors have a huge degree of investment diversity.

Our pension clients are not limited to the Dimensional funds and can choose to invest in listed shares and bonds, other funds and ETFs.

Why are low costs, flexibility and a wide range of investment options important?

Quite simply low costs mean that more of your savings are working for you.

A feature of modern working life is change. These days people rarely spend the whole of their career in the same employment. It is important that a pension scheme has the flexibility to cope with changed circumstances, and that it does so without penalising the saver. See this link for an example of why this is of utmost importance.

Investing effectively is probably the single biggest factor determining the success of a pension arrangement. This is a complex area and problematical for many people. The EFPG Jubilee Personal Pension Plan has an excellent simplified investment strategy that is entirely satisfactory for most people. However, it also offers an unbeatable range of investments for those with wider investment ambitions. 

Contact one of Advisers

EFPG considers that taking advice before starting a pension is essential. Not only to ensure that you are paying the right amount into your pension but also that you are invested correctly and that indeed a pension is right for you. In our advice process it is also possible that together we may discover important matters that should be addressed.

If you would like to contact one of our advisers about a pension or anything else, please follow this link and we will arrange a meeting with one of our qualified advisers.

Contact EFPG

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