Horizon QROPS Gibraltar


We provide the advice and recommend a Gibraltar QROPS (The Equus Retirement Annuity Trust Scheme). Anyone with UK pensions may benefit from this QROPS accepted scheme to consolidate their pensions.

The recommended minimum transfer is in the region of £75,000 although there is an entry level scheme starting at £25,000.

QROPS is open to anyone over 18 years of age (excluding Jersey residents; US or Canadian Nationals).

Administration is provided by Gower Pensions Management Limited (GPML)

The Trustee is Castle Trust & Management Services Limited (CTMSL).

Key Features

Potential income tax savings. UK top rate of income tax is 50% and all UK pensions are taxed as earned income. Income benefit payments in Gibraltar are subject to a withholding tax rate of 2.5%, deducted at source

Death benefits paid gross. After drawing and income, the equivalent type of UK scheme taxes lump sum death distribution at 55%.

Lump sum of up to 30% when compared to 25% in the UK.

Clear active investment management

Gibraltar is a member of the EU and UK crown dependency

Simple charging structure with no commissions or hidden charges or penalties.

Trust Fees

Very simple trust fee structure with £995 set up fee and £995 per annum in advance.

Entry level Lite fees £400 set up and £400 per annum in advance.