What is a Retirement Annuity Trust Schemes?

Retirement Annuity Trust Scheme (RATS) are an alternative to the traditional insurance company based pensions and refer to any trusts that are established under the jurisdiction’s tax/ retirement laws to provide retirement benefits for the members. In essence the law will treat Retirement Annuity Trust Scheme (RATS) in the same way as personal pension plans.

Retirement Annuity Trust Schemes (RATS) is a tax efficient retirement plan that offers an at...
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