An Employer-Financed Retirement Benefits Scheme (EFRBS) is a trust that provides a highly-flexible alternative to a UK-registered pension scheme. Through an EFRBS, employers are able to incentivise and retain key personnel by providing potentially unlimited retirement benefits.

An EFRBS can satisfy multiple objectives in a tax-efficient manner, including:

  • acting as a top-up pension scheme;
  • providing access to a wider spread of investments than is available from approved pension schemes;
  • avoiding any purchased annuity obligations;
  • protecting assets from future creditors;
  • assisting with access to Business Asset Holdover Relief and Business Property Relief;
  • permitting arms-length loans to the member or to the employer company in appropriate circumstances;
  • mitigating the exposure to NIC for both the employer company and the employee.

Praxis is an independently-owned group of companies. Our team of professionals has the experience, expertise, technical knowledge and skill required to administer complex and diverse fiduciary structures

EFRBS

An Employer-Financed Retirement Benefits Scheme (EFRBS) is a trust that provides a highly-flexible alternative to a UK-registered pension scheme. Through an EFRBS, employers are able to incentivise and retain key personnel by providing potentially unlimited retirement benefits.

An EFRBS can satisfy multiple objectives in a tax-efficient manner, including:

  • acting as a top-up pension scheme;
  • providing access to a wider spread of investments than is available from approved pension schemes;
  • avoiding any purchased annuity obligations;
  • protecting assets from future creditors;
  • assisting with access to Business Asset Holdover Relief and Business Property Relief;
  • permitting arms-length loans to the member or to the employer company in appropriate circumstances;
  • mitigating the exposure to NIC for both the employer company and the employee.

Praxis is an independently-owned group of companies. Our team of professionals has the experience, expertise, technical knowledge and skill required to administer complex and diverse fiduciary structures
Praxis EFRBS - Employer-Financed Retirement Benefits Schemes

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David Piesing FCIS
Director - Head of Wealth Structuring

Jeff Wilkes-Green Cert Ed TEP FCCA
Client Relationship Director

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