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STM Group was established in 1989 and was listed on the Alternative Investment Market (AIM) of the London Stock Exchange in 2007.
STM Group is international with a spread of offices located around Europe, in London, Jersey, Gibraltar, Malta, Spain and a registered office in the Isle of Man.
STM Group's aim, as stated by them, is to deliver clear, innovative, impartial financial and commercial solutions to cross-border investors, entrepreneurs and international professionals.
These solutions include international retirement, life assurance, workplace pensions, annuities, international tax, trust and trustee services.
STM provide pension solutions to UK clients and to those that are internationally mobile.
They provide pension transfer solutions for both EU and non-EU residents alike, while trying to make the most of over 70 double-taxation agreements Malta has in place with other countries.
STM Group has three main pensions jurisdictions:
They claim to have 100+ highly skilled people under their employment (we would recommend reading the expert verdict section of this review).
A few facts about STM Group's retirement services, as stated on their website, are as follows:
NOTE: We would recommend reading the expert verdict section of this review before making a decision.
The international retirement solutions offered by STM Group include:
Their international pensions services are delivered through subsidiary companies in the three locations mentioned above.
Here's a brief look at each of them and exactly what they provide:
1. Options (part of STM Group in the UK):
Options is an independent administration and trustee company providing pension services and products to the UK market.
Their offering includes SIPP, sharia SIPP, SSAS, property, workplace pensions, trustees and other group SIPPs and personal pension plans.
You can learn more in the documents section of this review.
2. STM FIDECS Group of Companies (part of STM Group in Gibraltar):
STM operates principally from Gibraltar.
Their international pension services include:
3. STM Malta Pension Services Limited (part of STM Group in Malta):
STM provide pension solutions to companies and individuals resident in Malta and to internationally-mobile individuals through STM Malta Pension Services Limited.
Their range of international pension services in Malta includes:
NOTE: STM Group was suspended from AIM in 2017. However, they have been reinstated since. We would recommend reading the expert verdict section of this review to learn why our team of experts gave them 2.5 out of 5 stars in this independent review.
STM Group offers workplace pensions through it's UK company called Options.
A drawback of STM is that they require clients to hold 7% in the trustee bank account (at all times, it cannot drop below), in addition to any excess that we may hold within the investment platform/bond.
This means clients are looking at 10-12% of their money uninvested.
There also remains a danger that the subsequent financial and investment advice associated with an STM QROPS transfer may lead to unsatisfactory outcomes, because of its widespread use and popularity with commission-based, financially incentivised salespeople.
Never deal with a firm that isn’t authorised as a UK pension transfer specialist.
Our advice would be to seek professional, fee-based and independent advice if you have an existing STM QROPS.
For pensions worth £250,000 or more, we recommend contacting us for a Second Opinion.