The Pensioneer Trustee Company (Guernsey) Limited
T +44 (0) 1481 743760
The Funded Unapproved Retirement Benefit Scheme (FURBS) is a retirement savings vehicle still used in the UK. No new FURBS have been created since 2006. However, they remain an advantageous retirement savings option for those who have them – as long as you have the right provider to manage the scheme.
There is nothing inherently wrong with FURBS – quite the opposite. However, problems have arisen with the handling of the schemes by the trustees managing them. Escalating fees and poor service are two key issues many have experienced.
An efficiently managed FURBS makes life much easier for everyone. There are many benefits to optimising your FURBS by transferring to new trustees, including:
Executing a FURBS transfer is simple and fast. If you’d like to find out more please get in touch.