solutions for cross-border advising adding value & protecting wealth
TRANSCRIPT
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SOLUTIONS FOR CROSS-BORDER ADVISINGADDING VALUE & PROTECTING
WEALTH
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OVERVIEW
AIMS - WEALTH PRESERVATION & FINANCIAL PLANNING
INTERNATIONAL ASPECTS & CHALLENGES
FINDING COMPLIMENTARY PARTNERS
WEALTH WRAPPER SOLUTIONS
WHO ARE STM
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AIMS
WEALTH PRESERVATION AIMS Increase tax optimisationAllow investment flexibilityMaximise capital protectionFacilitate growth potential Ensure fee transparency
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AIMS
FINANCIAL PLANNING AIMS ?Provide solutionsAdd value Improve capital protection Increase assets under administrationDevelop the toolkitEarn income
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THE GLOBAL MARKETPLACE Challenging
multiplies the number of considerations Rewarding
add value for clients (eg diversification / returns ) gain new funds under management (eg pensions)
Needs the right expertise, products and partners
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EXAMPLES OF INTERNATIONAL CHALLENGES Foreign tax concerns eg UK Death Charge; US
Worldwide Taxation; With-holding taxes; etc Foreign currency concerns eg Currency differences;
Exchange controls; Devaluations; etc Foreign investment concerns eg Under funded
pensions; Unstable counterparties; Un-regulated investments; etc
Increasing local regulation . . . worldwide Tax transparency eg FATCA; CRS; etc
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USEPWHO’S IT FOR?
FINDING GLOBAL PARTNERS / PRODUCTS Recognised but benign jurisdiction Good regulation, law and professional support Tax efficiency (where you live, not where you
used to) Un-restricted investment scope / currency
flexibility Understandable & transparent
(products/providers/fees) Compliment, not substitute what you do
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WEALTH WRAPPERS
Wealth management solutions thatcompliment / add value / protect
INSURANCE BONDS Insurance-based wrappers
PENSIONS Pension plan wrappers
OTHERS Companies / Foundations / Trusts
WRAPPER SOLUTIONS . . .
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INSURANCE and PENSION WRAPPERS Globally recognised wealth management tools Accepted worldwide across most legal
frameworks Tax privileged in most countries Non-aggressive tax and estate planning Readily comparable
Asset admissibility Fee structures Residual value treatment
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STAR BOND - Insurance PolicyAn investment “wrapper” that... Provides tax free growth + tax efficient
withdrawals1
Accepts a very wide variety of investments Ensures security & segregation of assets Allows flexibility of withdrawals and inheritance
planning Offers fee transparency Issued by a highly regulated EU life insurance
company owned by London Stock Exchange AIM listed group
1 STM recommends that tax and financial advice is always taken from a professional adviser, specific to the prospective applicant’s circumstances & requirements
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WHAT IS A STAR BOND ?
WORKS WITH Advisers Planners Managers BanksADDS VALUE
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QROPS - Pension Plan Approved pension plans allowing optimisation of
retirement savings from the UK The most straight forward planning solution ever ? “Are you resident in Israel and do you have a UK pension?”
Save up to 45% UK tax on pension payments Save up to 45% UK tax on death Tax free payments if Olim or Toshav Hozer Pension residue tax free to your beneficiaries
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USEP - Pension Plan For US Expats who want their retirement savings
to grow free of US Tax and PFIC restrictions A Malta pension plan / DTA Qualified Tax deferral + Tax beneficial withdrawals Target market identification:
- Are you subject to US tax but don’t live in the USA?- Are you accumulating retirement savings outside a US pension?- Are you holding those savings in your own name?
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STM - WHAT SETS US APART?
EXPERTISE – some 30 years experience in the field of international wealth protection and one of the worlds largest “QROPS” providers
DURABILITY – listed on the London Stock Exchange AIM
MULTI-JURISDICTION SOLUTIONS to enhance client options & tax
efficiency
FIXED TRANSPARENT FEES clearly disclosed and agreed up-front
INDEPENDENT of any bank or investment manager/adviser
SCALE – some 200 expert staff / multiple jurisdictions / approx $4bn AUM
REGULATED – for all fiduciary, pensions and life assurance business
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STM - JURISDICTIONS
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EXAMPLES
STM - SUPPORTING ADVISERS
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AIMS - PRESERVATION & PLANNING
INTERNATIONAL ASPECTS
COMPLIMENTARY PARTNERS
WEALTH WRAPPER SOLUTIONS
WHO ARE STM
RE-CAP
Warning: This presentation represents a very high level summary. Detailed product notes, plan particulars and related documents should be read before making any decisions. STM recommends that individuals take expert advice related to their own circumstances.
“Helping people pro-
tect and grow their investmen-
ts”
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“The essence of the Israeli condition is to be dis-
satisfied” Shimon Peres / Start-Up Nation
THANK YOUQuestions? www.stmlife.com/product-solutions/israel