| The laws and rules governing Pensions are subject to change and update. This needs to be borne in mind when using the information on this website which was up-to-date on our understanding of the law at the time of writing. We will be updating the information on a regular basis |
| About MW Pensions Ltd |
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MW SIPP Administration (IOM) Ltd and its sister company MW Pension Trustees (IOM) Ltd have been set up to provide pension services to Isle of Man residents and their advisers. We are primarily consultants who aim to work with advisers to construct the best possible solution for the client, but we do not give financial advice and are completely independent with no affiliations with financial institutions or Trust Service Providers, on or off the Island.
Our services
We outsource the administration to our sister company MW Pensions Ltd, one of the fastest growing new SIPP Providers in the UK. This gives us access to market leading technology and an experienced administration team. It also means that we can keep our fees competitive, through economies of scale. We will also provide these services beyond these shores, by marketing them using our extensive network. This will enable us to bring clients back to the advisers resident on the Island.
Our Values
1. CHOICEWe offer a choice of SIPPs for individuals:MW IOM SIPP: the full SIPP option suitable for larger funds with a full range of Investment options MW IOM ACORN SIPP: the starter SIPP for new or smaller funds with a low cost fee Structure MW IOM QROPS SIPP A SIPP structure open to non IOM residents and clients over 75. A possible SIPP solution for expatriate clients with a UK pension fund or for clients considering emigrating from the UK. It is also suitable for non UK nationals with UK pension funds. We offer a choice of options for companies: MW CORPORATE SIPP: with a competitive fee structure that is ‘capped’ and therefore affordable and forecastable for employers with a flexible investment structure tailored to acompany’s requirements, tiered to the needs of each level of the hierarchy MW SSAS: a structure for family firms or partnerships, with a wide investment choice. We offer a choice of investments (including):
We offer a choice of high interest banking and accounts:
2. TRANSPARENCY AND INNOVATIONOur fees are fixed, extremely competitive and are designed to offer value for money. There are no hidden fees or transaction charges. We neither take nor give commissions. We don’t ‘take a turn’ on bank account interest rates or come to any other such arrangement. There is no small print. We work with like minded professional firms to develop innovative solutions for clients and their advisers. We have already started that process here. 3. QUALITY OF SERVICEWe are well known for our approach to client service and intend to replicate our approach in the Isle of Man. We have a Client Service Charter, elsewhere on this website, and we keep to it. We are not, and never will be a call centre, we believe in offering a bespoke personal service with tailored solutions, where necessary. We will attend meetings with clients and advisers when required, with the appropriate notice. We can offer technical back office support to advisers and this website will become a technical resource for both clients and advisers. Our downloadable leaflets are concise and written in plain English and can be ‘branded’ by Advisers if that suits their business model. We invest in both people and technology to ensure we maintain our standards. ONLINE SERVICES
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