The Pensioneer Trustee Company (Guernsey) Limited
T +44 (0) 1481 743760
An EBT is a trust which is established by an employer, (as settlor), on behalf of its employees, former employees, and dependants, (the beneficiaries). An independent firm is often selected as trustee to hold and administer the assets, for the benefit of the beneficiaries. While an EBT is straight forward to establish structuring can be complex and will usually require legal and professional advice. Such services are readily available in Guernsey and will ensure that the scheme complies with relevant legislation and yet is flexible enough to meets the needs of both the employer and employee.
In a globally mobile environment employers are increasing looking to attract the most talented employees and to retain key personnel. The EBT can be used for this purpose and also as an incentive scheme for existing employees. An employer may want to provide employees with access to company shares, or the option to acquire such shares, or they may want to offer deferred incentives, pension schemes or simply provide staff benefits outside of their contractual arrangements.
EBTs can be established for a variety of reasons. Typically these might include;
Guernsey is an ideal base for International Employee Benefit Trusts (EBT) and Incentive Schemes. It has an outstanding reputation as an International Financial jurisdiction, and is a centre of excellence for financial services and pension innovation. In a volatile world Guernsey offers reassuring political stability, a high degree of regulation and is recognised as one of the world’s premier International offshore centres. As one of the leading financial centres in the world, Guernsey has attracted and developed unrivalled expertise in financial services products, legislation and innovation. It is this expertise that makes Guernsey a natural choice where International Pensions and Incentives and practical solutions are required. Guernsey also has an established domestic and international pension system that has been successful over 30 years.
Please feel free to get in touch if you would like any further information, or to find out which of our services may be best for you or your company.
Alternatively, contact us by phone or email:-
T +44 (0) 1481 743760