David has worked in the financial services arena specialising in pensions administration since 1990. He has focused primarily on SSAS, SIPP and Defined Benefit schemes in various management and technical roles in the UK. He joined STM in 2014 and is responsible for driving the expansion of our international pensions division as well as the Gibraltar personal and occupational pension schemes. This will be underpinned by delivering a first class customer service in a structured, professional environment.
Often, internationally mobile expatriates may work in several jurisdictions throughout their career. Each country may not have a pension system that they can contribute to and there may be no state pension entitlements. As non-UK residents they cannot contribute to a UK personal pension and are unlikely to be entitled to a UK state pension, so it is important that they make their own retirement provision. International Pensions are unlike UK pensions as there are far fewer restrictions. There are also a much wider range of investment options, and benefits can be taken at any time and in a single lump sum. Schemes are available in any major currency and the member can select their preferred retirement age at the outset.