Planning for retirement in times of increased longevity and lower investment returns becomes ever more important and having access to legal expertise in this increasingly technical and fast-changing area of the law is vital for employers, trustees and pension scheme members.
Our lawyers advise companies, trustees and pension administrators on the legal, regulatory and tax issues of pension schemes established in Bermuda, the British Virgin Islands, Cayman Islands, Guernsey and Jersey. We are often instructed during key stages such as the establishment, review, merger or winding up of a scheme and on corporate transactions where pensions issues fail to be considered.
As well as representing businesses on a domestic level, we are also instructed by international law firms, accountancy practices and global clients on cross-border schemes involving our jurisdictions.
In addition to defined benefit and defined contribution pensions schemes our lawyers also provide support on personal pensions, drawdown contracts and retirement trust schemes and are at the forefront of changes affecting the sector, working closely with clients and industry bodies on developments to the statutory and regulatory frameworks.