Marriott Local Offshore Quicklinks News About Financial Advisor Login Invest Now Invest Now Factsheets Investment Tools Preservation Fund Preserve your retirement savings in a tax-efficient way when you change jobs. Our Preservation Funds grow your retirement capital giving you a more predictable outcome so that you can draw a reliable monthly income when you retire. Investment Choice: Choose between the Marriott Balanced Fund as the default managed portfolio (Reg 28), or a select range of Marriott Unit Trusts (use our online tool to create your own Reg 28 portfolio). Income Automatically reinvested to accumulate capital. Capital: Capital is accumulated through the tax-free reinvestment of income, and from growth in this income. Tax: Transfers: Transfers from your Pension or Provident fund are tax free. The tax deductions previously granted on contributions are preserved. Income: No Income Tax. Dividend Withholdings Tax is not applicable. Capital: No Capital Gains Tax (CGT). Flexibility: Rebalance your portfolio at any time, no CGT incurred. Withdrawals: Pre-Retirement: On emigration – full withdrawal permitted, subject to tax. One withdrawal permitted (up to 100%), subject to tax. At Retirement: Unvested Benefits: A maximum of 1/3 of the retirement benefit value can be taken as a cash lump sum (taxable). The remainder must be used to purchase an income in retirement (tax-free transfer), subject to the annuity threshold. Vested Benefits: 100% of the retirement benefit value can be taken as a cash lump sum (taxable). Death: You may nominate dependants and beneficiaries. Beneficiaries can elect to receive a lump sum (subject to tax legislation) or to transfer the investment to an annuity. Fees Technical Information Marriott Initial Fee 0% Advisor Initial Fee (paid from consideration received) Max 3% Marriott Annual Management Fee Fund Choice: Personalised fee determined by portfolio choice Managed Portfolio: Balanced Fund Class A: 1.75% Balanced Fund Class C: 1.25% Advisor Annual Fee (paid from distributions earned) Fund Choice: Max 0.75% Managed Portfolio: Balanced Fund Class A: Max 0.75% Balanced Fund Class C: Max 1.00% Intermediary Admin Fee (paid from Marriott Annual Management Fee to Advisor) Fund Choice: 0.25% Managed Portfolio: Balanced Fund Class A: 0.25% Balanced Fund Class C: 0% Please note that fees are quoted excluding VAT. Legal Contact Prices Forms Brochures Fact Sheets LISP Licensed Financial Services Provider. Marriott Income Specialists © Copyright 2019