There is a pension revolution going on in Jersey right now, and it's one that might affect every islander for the rest of their lives.
Changes in the Pension law in Jersey have allowed the introduction of Retirement Annuity Trusts, a title which has been abbreviated to the unfortunately named RAT. Quite simply, a RAT offers further choice and flexibility to Islanders who want to be in control of their own pension pot, both before and after they retire. They can also be a cost effective way to access top flight investment management and are available to savers from virtually all income brackets. It has been 20 or so years since Personal Pensions were first introduced to the island, and many of those considering an investm...
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