FEIFA, a non-profit trade association for the English-speaking IFA community across Europe, has partnership affiliations with a wide range of companies, including most of the major international life companies and asset managers.
“We feel that Cavendish is an excellent addition to – and compliments well – our existing affiliations,” said FEIFA chief executive Paul Stanfield.
“It has products that can significantly reduce income tax for expats with existing QROPS and QNUPS whilst still providing IHT exemptions and financial protection due to the PCC structure and legislation.”
Unlike most standard insurance company annuities, Cavendish said it has products that can still retain and pass on any residual assets to their beneficiaries on death.
“Cavendish brings a range of Guernsey based solutions not generally available in the marketplace, including contract based pensions and annuities,” said Brad Morton, the company’s business development manager.