Director Umbrella Company - Executive Pension

diablo73

Registered User
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25
Can a director of an umbrella company have an executive pension? Just wondering given there are usually a few other anonymous directors associated with an umbrella company and it seems an executive pension is one you'd do as a company.
 
Company would set up the scheme for the benefit of the one director and would appoint a third-party professional trustee firm to act as trustee. I've come across situations where the other directors of such an umbrella company were reluctant to do this, but if a third-party professional trustee is being appointed, they shouldn't be.

Regards,

Liam
www.ferga.com
 
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