Darren is MD of Sovereign Pension Services, Gibraltar’s largest pension provider. Having worked with the Sovereign Group in retirement planning for the last 14 years both in Gibraltar and Malta Darren has a depth of knowledge and experience in the pensions business.
1. What type of Pensions do Sovereign Gibraltar offer?
We offer both Occupational and Personal Pension schemes for Gibraltar and Spanish residents.
2. Why is a pension important?
Your pension helps you to maintain your standard of living in retirement. Group pension plans provide guaranteed, monthly income for life, which makes financial security in retirement much more achievable for those who have them.
3. What is auto-enrolment?
Under auto-enrolment Gibraltar employers are legally required to offer a workplace pension to all employed staff.
4. How do you go about setting up a pension scheme for a local business?
The process is quite painless and our team will walk each employer through the onboarding process after an initial meet to capture the right type of plan for the business.
5. What sets Sovereign apart from other providers?
Our new Occupational Pension system is without question what Sovereign will become known for within the Occupational Pensions space. It offers a member and employer portal giving full transparency and access to the member’s pension pot at any time together with the facility to switch investments and manage and update personal data. Sovereign have invested heavily in this system which has just gone live in 2022 and is unique.