| Altraplan Personal Pension is a pension plan which has been developed for investors with a minimum capital of EUR 500,000 (or currency equivalent). It is mainly targeted at Danish savers who already hold a Danish pension scheme and who would be interested in transferring, tax-free, their scheme to a Luxembourg scheme in order to benefit from additional advantages.
- Targeted at Danish residents
- Tax exemption (PAL-taxation) for savers who are not tax residents in Denmark,
- Higher flexibility in terms of investments (Luxembourg investment rules vs. Danish investment rules),
- Possibility to have multiple custodian banks under one contract (additional security for customers' assets, option to keep the same custodian bank, etc.),
- Option to have multiple plans linked to one account/internal fund (cost and time saving, access to a wider range of assets, etc),
- An automatic qualification for additional death cover.
| Key features |
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| Legal form |
Pension contract
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| Duration |
Limited (term plan) or unlimited (whole of life plan)
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| Currency |
Multi-currency |
| Investments |
- initial premium: Minimum EUR 500,000 (or equivalent
- additional contributions: Minimum EUR 25,000 (or currency equivalent) |
|
Types of funds |
Wide range of assets (equities, bonds, investment funds, alternative investments, estate funds, structured products, etc.), the access to which is linked to both the amount invested and the investible wealth of each customer. |
| Fund switching |
Possible at any time. |
| Availability of your investment |
Withdrawals permitted at any time.
Minimum amount: EUR 10,000 (or currency equivalent), provided that the Plan Value remains above EUR 250,000 (or currency equivalent). |
| Death cover
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Accumulated Savings under the form of a term pension and/or a lump sum plus, upon the choice of the customer, an Additional Death Cover of 10% (a lower percentage may be guaranteed depending on health and age of the insured person). |
Product strenghts
- Flexibility
- Performance
- Diversification
- Security
- Tax efficiency
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About Altraplan
