International Pension Plans (IPP)

International Pension Plans (IPPs) were devised as a way of providing tax efficient remuneration to mainly non-UK domiciled, globally mobile executives employed in the UK. These occupational plans allowed employers to make significant tax efficient contributions into their employee’s retirement arrangements. However, since 6th April 2006 (‘A Day’) these plans have become less favourable as many of the advantages have been withdrawn.

Dominion are able to assist individuals that have left employment and have accrued benefits in both pre and post ‘A Day’ plans to find the most appropriate solution depending on the individuals situation and plans for retirement, which may include transferring to the Dominion Malta Retirement Plan 2010 (a Qualifying Recognised Overseas Pensions Scheme).