A
Close Look
For individuals, or employers, Close provides a highly personalised
pension scheme, which allows you flexibility of contributions and
the opportunity to withdraw funds if required.
Features and Benefits
- Complete independence and control to meet your individual
retirement needs
- Choice of single or regular contributions
- Variety of assets can be held in the scheme
- Tax-free growth
- Choice of currency
- Access to a wide range of investments
- Access to a professional Investment management team
- Freedom to appoint your own discretionary investment manager
- Withdraw funds when required
- Retire when it suits you
- Efficient succession planning - future generations can decide
whether to continue receiving income or distribute assets
Flexibility of Income
Although the scheme is designed to provide a regular flow of
income, the member retains control of how much income is taken,
and could elect any combination of the following:
- regular income
- loans from the scheme
- ad-hoc withdrawls
- the option to encash, at any time
Tax Benefits
Your advisor will help you to make the most of your pension,
but potential benefits are:
- assets can grow, virtually free of tax
- no capital gains tax while assets are held within the scheme
- income can be taken in a tax efficient manner and is paid
gross
- assets potentially fall outside the members estate for inheritance
tax purposes
- various other benefits, depending on the member’s jurisdiction
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