The bespoke provision of pension administration and trustee services
Bourse Trust Company and its joint licensees are licensed by the Guernsey Financial Services Commission under The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2000 as amended.
Bourse Corporate Services (Malta) Limited is registered by the Malta Financial Services Authority as a company service provider pursuant to the Company Service Providers Act 2013.
Bourse Pension Administrators (Malta) Limited is licensed by the Malta Financial Services Authority as an administrator for personal retirement schemes pursuant to the Retirement Pensions Act, 2011.
To assist with pre-5th April planning, the Bourse Group has put together its Bourse Non-Dom Solution suite of products and research tools. An overview of the challenges facing non-doms can be found here with an explanation of the Bourse Non-Dom Solution found here.
The Bourse Non-Dom Solution is designed to solve both the challenges with timing and the complexity of the issues involved and offers the option of:
establishment of a trust on an executory basis (if time is too short for the transfer of full legal title);
a pre-verification and pre-approval process. This allows for the acceptance of an individual as a client of Bourse and the receipt of pre-clearance in respect of the opening of a bank account (if required) without providing certified documentation in advance; and
a streamlined application process. This allows for the application for a combination of life, trust and pension products by completing one form.
Extension of IHT to offshore companies and partnerships owning UK residential property
Whilst not strictly part of the Bourse Non-Dom Solution (as the change will affect non-UK residents), we have prepared a decision analysis to assist non-UK resident individuals, who own UK residential property through offshore companies and partnership, to mitigate their liability to IHT, along with an accompanying information sheet.
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The content of this website, which constitutes an unapproved financial promotion, is being distributed in the UK only to, and is directed only at persons who are (i) investment professionals as defined in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Promotion Order”); or (ii) high net worth companies, unincorporated associations and others falling within Article 49 of the Promotion Order; or (iii) certified sophisticated investors as defined in Article 50 of the Promotion Order; or (iv) persons to whom this document may otherwise lawfully be issued or passed on without being accompanied by any further statements and/or warnings as may be required by the Promotion Order (all such persons together being referred to as “Relevant Persons”) and accordingly is exempt from the general restriction on communications in section 21 of the Act and, as a result of such exemptions, has not been issued by, and its contents have not been approved by an authorised person. Persons authorised under the Act may provide this document to their clients pursuant to applicable exemptions in the United Kingdom Financial Conduct Authority Conduct of Business Sourcebook. Any onward transmission of this document will constitute a financial promotion issued by the relevant person for which the relevant person will be responsible. If any person is in any doubt about whether they fall within one of the categories listed above, they must not rely on or act upon the contents of this document unless they take professional advice that confirms that they fall within one of those categories. Transmission of this document to any other person in the United Kingdom is unauthorised and may contravene the Act. Any person in any doubt about the securities to which this document relates should consult an authorised person specialising in advising on investments of this type. As Bourse is not regulated by the FCA, investors will not have the benefit of the Financial Services Compensation Scheme and other protections afforded by the Act or any of the rules or regulations made thereunder.’
Bourse 2017 Nom-Dom Solution
Please register below to receive the Bourse 2017 Non-Dom Solution Restricted Documentation. A member of our team will email this to you shortly.