Jersey Pension Investment Trust (JPIT)
Do you live in Jersey, or have a pension in Jersey, and would like to invest in a retirement trust scheme?
We have developed our own retirement trust scheme (formally known as a retirement annuity trust).
Your retirement savings are held in a trust administered by us. Independent trustees ensure that the trust is properly structured and managed. The money you place in the trust can be invested into a range of growth or income-producing investments.
Is this for you?
Jersey residents and any other individuals who may have pension assets in Jersey.
Benefits
Before retirement
- You can transfer existing approved pensions into your retirement trust
- Regular or lump-sum contributions, where you may receive tax relief on your contributions
- A dedicated adviser who will help you to work towards achieving your retirement goals
At retirement
- From age 50 for Jersey pension assets, you can take up to 30% of your fund tax free
- Draw an annual income from your fund
- Any assets left on your death are passed to your beneficiaries and not to your estate