Executive Pension Plan (EPP):
An Executive Pension Plan (EPP) is an occupational money purchase arrangement normally
used for Directors and senior employees. It is alternatively known as a
One Man Pension Arrangement (OMPA).
It is common for many
company directors or senior executives to be members of an EPP or its equivalent
which allows direct investment into wider areas such as shares or commercial
property.
It is also appealing as rules allow any funding that is made
into a scheme would be made available to the sponsoring company in loan
facilities. This is called Loanback.
Should you require advice on E.P.P's or pension planning in general, please
feel free to contact us.