MAC Financial Pension Trustees
The Product & Opportunity
The MAC Self Invested Personal Pension ('SIPP') is an Isle of Man pension scheme capable of receiving transfers from UK based pension arrangements. It is established as a "master" scheme so all new policies are issued under the existing tax and regulatory approval without the requirement for long delays while individual approval is achieved. This means HMRC Qualifying Recognised Overseas Pension Scheme ('QROPS') approval is already in place for all transfers into the scheme.
The MAC SIPP is a unique proposition in that it radically overhauls the approach normally taken to the establishment of SIPPs in general. The MAC SIPP is a low cost product as there is only one fee for the Trustee and Advice services.