I want to manage my pension myself through a Retirement Annuity Trust.Schemes (RATS) anyone with an idea?
I underrstand that with a RATS you dont have to ask a banker to manage your pension but you form a trust- which you appoint the trustees (maybe your friends and family) and through that trust you can manage your pension. Can someone assist me if i want to set up one and move my current pension to this trust.
New one on me .. here in UK we have SIPP’s … let’s see what I can discover on Google
Oh, it’s an off-shore QROPS (Guernsey) .. I suggest you ask your financial adviser (Yahoo answers is hardly the place for complex pension advise, especially if you are trying to avoid paying too much Tax :- ) )
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