Savings and Pensions
Whether you are looking to save on a monthly basis or invest a lump sum, we have access to a wide range of products and can recommend the most appropriate product available.
When advising clients we pay close attention to your financial objectives and your tolerance of financial risk to ensure that we provide the best solution.
✓ regular savings plans
✓ saving for children
✓ personal pension plans
✓ investing for retirement
✓ investment bonds
✓ financial reviews
A crafted workplace pension plan for employers.
The Act, cited as the Private Sector Pensions Act 2019 came into effect on the 4th of August 2021. The Act introduces the requirement for all private sector employers to establish and maintain a pension plan for its employees.
The Act sets a timeline for implementation depending on the size of the business. This can be summarised as follows:
An ‘enterprise employer’ (which employs 251 or more persons) must be have adopted the Act on or before 1st August 2021.
A ‘large employer’ (which employs between 101 and 250 (inclusive) persons) must adopt on or before 1st July 2022.
A ‘medium employer’ (which employs between 51 and 100 (inclusive) persons) must adopt on or before 1st July 2025.
A ‘small’ employer (which employs between 15 and 50 (inclusive) persons must adopt on or before 1st July 2026.
A ‘micro’ employer (which employs 14 or less (inclusive) persons) must adopt on or before 1st July 2027.
For more information on the requirements and eligibility, please refer to the full Act or seek legal advice.
https://www.gibraltarlaws.gov.gi/legislations/private-sector-pensions-act-2019-4689
For information on our Savings & Pensions Plans, please get in touch with our team on:
+350 200 40850 or email us on info@capurroinsurance.com
We’re here to help
Georgina Alpe
Customer Service Assistant
Eileen Diani
Customer Service Assistant
or call us on +350 200 40850 to get your quote
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