Important Notices
Close Trustees Guernsey Limited is licensed under the Regulation of Fiduciaries, Administration, Business and Company Directors etc. (Bailiwick of Guernsey) Law, 2000 and regulated by the Guernsey Financial Services Commission. Its registered office is at Trafalgar Court, Admiral Park, St Peter Port, Guernsey, Channel Islands, GY1 2JA, registration number 5737. Close Trustees Guernsey Limited is part of the Close Asset Management group ultimately owned by Close Brothers Group plc.
The Close Guernsey Personal Retirement Plan is a Retirement Annuity Trust Scheme (RATS). The Trust Deed is administered by Close Trustees Guernsey Limited (CTG) to meet the approvals afforded by Section 157A subsection (4) of the Income Tax (Guernsey) Law 1975, as amended. Non-Guernsey resident members of the Close Guernsey Personal Retirement Plan are afforded exemptions allowed under Section 40(ee) of the Income Tax (Guernsey) Law 1975, as amended. HM Revenue & Customs (HMRC) recognises the Close Guernsey Personal Retirement Plan as a Qualifying Recognised Overseas Pension Scheme (QROPS).
The information contained in this document is based on our understanding of the current laws and practices, both of which are subject to change. Whilst every effort has been made to ensure that the information is correct we cannot accept responsibility for its interpretation, or any future changes to the laws or practices relating to trusts and pensions in Guernsey.
For current information regarding the taxation of such plans and the exact limits and relief available, please contact the Guernsey Administrator of Income Tax.
The granting of tax approval to pensions, pension schemes and personal pension plans in Guernsey is the responsibility of the Guernsey Administrator of Income Tax under the Income Tax (Guernsey) Law 1975, as amended, and, to maintain that approval, the Guernsey Administrator of Income Tax retains a supervisory role.
Whilst Close is a provider of international wealth management solutions, these solutions attract different tax treatments in different countries. It must be noted that offshore companies of Close do not give tax or legal advice and applicants will be required to confirm that they have received their own appropriate advice (tax, legal or financial) before proceeding. Close relies on the applicant's Advisor to guide them appropriately.
Risk Warning: - Past performance is not a reliable indicator of future results. Investment values and the income from them can go down as well as up, and may be affected by changes in rates of exchange. An investor may not receive back the amount initially invested.
Investment Notices
Front-end charges may apply. Any mention of equities and bonds should not be taken as a recommendation to invest in them. We advise you to seek professional investment advice before taking any investment decision.
In Jersey, Close is the registered trading name of Close International Asset Management Limited which is regulated by the Jersey Financial Services Commission in the conduct of fund services and investment business and by the South African Financial Services Board as a financial services provider. It is part of the Close Asset Management group ultimately owned by Close Brothers Group plc.
Close Global Funds Limited and Close International Equity Growth Fund Limited are not recognised under the United Kingdom Financial Services and Markets Act 2000 and, within the UK, information pertaining to these funds is only intended for distribution to authorised persons as specified by the Act. Investors’ rights in the published products and services are not protected in the United Kingdom or in Jersey by any statutory investors' compensation schemes in respect of defaults by CIAM, or by any of the Close fund companies or their functionaries.