International Savings And Investment Solutions

An International Pension Plan (IPP) is an employer-sponsored retirement savings arrangement designed for internationally mobile employees, such as expatriates, staff who move frequently between countries, or employees working offshore or in jurisdictions without a recognised pensions framework.

Sovereign establishes and manages IPPs from Guernsey, a well-regulated and premier jurisdiction that is also on the OECD white list.

These arrangements are recognised for tax purposes in their jurisdictions of establishment, with benefits paid gross of tax, no limits on contributions, and flexible options available at termination or retirement. By combining portability, tax neutrality and flexibility, IPPs allow employers to support global workforces while strengthening employee retention.

An International Savings Plan (ISP), is a workplace savings solution that allows employers to provide an additional employee benefit and deliver on their duty of care. It helps their staff save easily via payroll for medium to long-term life events such as marriage, home purchase, children’s education or a rainy-day fund. It is cost effective and with no minimum contribution is accessible for all.

ISPs have been used for decades to provide staff with a structured savings benefit as part of their overall package. They are particularly suited to mobile employees, expatriates, or workforces in countries where pensions are not available or where employers want to diversify away from local currency.

Plans established in Guernsey can make payments to non-residents without withholding tax, offering tax-neutral savings where members’ only liability arises in their country of residence at the time of receipt.