Planning for prosperity
The Fairway Jersey Personal Pension Scheme (FJPPS) was created to deliver a flexible solution to make future retirement easier for Jersey residents.
The combination of features that make this pension scheme different from the rest:
Joining is simple and fast
With your assistance, client applications to join FJPPS can be completed and processed quickly and efficiently.
FJPPS can be used to transfer other approved pension funds including corporate pensions into personal pension plans. As an HMRC approved QROPS, your clients can also use this plan to transfer in pension funds from the UK.
This is a Jersey pension plan for Jersey residents. Managing your clients’ personal pension plan on a face-to-face basis couldn’t be simpler.
Complete transparency – The costs of running this scheme are completely transparent, from adviser remuneration paid to the fixed administration charge.
Choose a provision and investment strategy
Provide for retirement by making regular or lump sum payments into this plan.
Make the most of annual allowances and enhance provisioning for retirement by using FJPPS, even though your clients may also be contributing to an employer’s occupational scheme at the same time.
Clients can continue to contribute to your plan while drawing an income in retirement.
Help your client to choose from a wide range of top-class investment funds.
Keeping options in retirement
Clients can take up to 30% of their plan’s accumulated value, tax-free, on retirement.
They can still draw an income from the plan to suit their circumstances once retired.
They can still purchase a traditional annuity from an insurance company, if preferred.
They decide how the unused pension is distributed in the event of death.