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The Bourse group of companies has been providing a range of trust, pension and company services from our offices in St Peter Port, Guernsey since 1999.
Bourse acts as a counterparty and service provider to independent tax specialists.
They provide trust, pension, bond and finance services through an integrated delivery proposition and specialise in UK referred business.
Bourse offers a number of proprietary pension schemes established under the laws of Guernsey, Malta and Gibraltar.
They also provide services in respect of other, non-proprietary schemes, where trustee and/or administration services are required.
The Bourse Group says that they offer bespoke provision of pension administration and trustee services.
While Bourse can provide general information about its products and services, they say on their website that they cannot provide legal, tax or other professional advice. Their products reach the market through a network of financial advisers who provide the 'advice' for the people whose affairs Bourse Group administer.
They do this through their subsidiary companies, namely:
1. Bourse Trust Company Limited:
2. Bourse Life and Pensions Limited:
Bourse Life and Pensions Limited is a company in the Bourse Group and is licensed by the Guernsey Financial Services Commission to operate as a long-term insurance company and to write bonds and unit-linked annuities.
More details about the products under this can be found in the FAQs section of this review and on Bourse Group's website.
3. Bourse Malta:
Bourse Malta offers clients the ability to acquire yachts and aircraft by way of a Malta-based structure.
They allow for the substantial saving on the VAT which would otherwise be payable on the relevant acquisition.
Bourse Malta offers two types of structures. You can learn more about them in the FAQs section of this review.
4. Bourse Pension Trustees Limited:
Bourse Pension Trustees Limited provides a wide range of individual and company pension products and services.
They claim to offer comprehensive, solution-orientated pension administration services to meet the growing demand for international schemes.
This wing of the Bourse Group is what we will cover in detail in this review.
NOTE: The expert verdict section of this review is specific to Bourse Pension Trustees Limited.
As mentioned above, Bourse offers a number of proprietary pension schemes established under the laws of Guernsey, Malta and Gibraltar.
The pension services offered by Bourse Pension Trustees includes:
1. Bourse Qualifying Recognised Overseas Pension Scheme (QROPS):
Directed particularly at non UK residents and individuals who are about to leave the UK is the Bourse Qualifying Recognised Overseas Pension Scheme (QROPS) available via two jurisdictions.
2. The Bourse Retirement Scheme (Malta):
Bourse also offer Qualifying Non UK Pension Schemes (QNUPS) and Recognised Overseas Pension Scheme (ROPS).
We would recommend reading the expert verdict section of this review for more information.
The products offered by Bourse Life and Pensions Limited can be summarised below:
As a fully-licensed insurance company, Bourse Life is obliged to comply with all applicable regulation issued by the Guernsey Financial Services Commission including the requirement for Bourse Life adhere to a Policy Protection Statement agreed with the GFSC.
This includes an obligation on Bourse Life to maintain any assets that are subject to any policy issued by Bourse Life with an independent trustee company, Independent Fiduciary Services Limited.
The assets held by the trustee can then only be released with the express written consent of the independent director of the independent trustee.
Bourse Malta is experienced in structuring and administering Malta-based structures which allow for the ownership of yachts and aircraft whilst securing a reduction in the VAT payable on the yacht or aircraft acquired.