Pension Administration
We have a wealth of experience and our highly skilled staff can provide a range of services to ensure that you comply with legislation and fulfil your members’ expectations. We can, if you wish, act as your pension department, dealing directly with members, or we can provide back-office support, tailoring our involvement to suit you. Either way, we will ensure that the administration is both efficient and reflects your needs in a transparent cost efficient manner.
Prophecy Pension Trustees Ltd is a subsidary company of MPH Fiduciary Limited, providing trustee and administration support to the Prophecy Self Invested Persion Pension Scheme. For more information please visit www.prophecy.im.
Our core pension products are:
Prophecy SIPP
International SIPP
Executive Retirement Benefits Scheme
Pension Regulation
MPH Fiduciary Limited and Prophecy Pension Trustees Ltd are registered with the Isle of Man Insurance & Pensions Authority as an International Retirement Plan Trustee and Schemes Administrator pursuant to Section 45 of the Retirement Benefits Schemes Act 2000.
Services provided
Our pension administration service can be tailored to precisely meet your requirements, and designed using the following services and systems:
Maintenance of membership records
Benefit calculations
Pension Payments
Taxation Administration
Compliance & Regulatory reporting
Independent Trustee Services
The role of the pension fund trustee is a responsible one. Trustees must be aware of their legal rights and duties and also have a knowledge of the broader framework within which pension funds operate. Trustees are not however specialists in any area of pensions management - the effective trustee will have a broad general knowledge and will be able to ask the right questions of the many professionals engaged in the efficient running of pension funds.
Payroll Administration
MPH Administrators provide payroll and invoice management services to various businesses across a broad spectrum, from small companies to large multinational corporations. We provide tax complaint structures within most jurisdictions for both the individual and the sponsoring company alike.
Working alongside a leading International Bank we can provide cost effective payment and money transfer solutions to all concerned. Whilst reducing administration time and costs for the sponsoring company.
Within the MPH Group we can provide the individual with competitive Professional Indemnity Insurance, Private Medical Cover and an Internationally recognised retirement benefit scheme for long term investment planning