Corporate Finance - Financing Business Using Pensions

Market Background

The Need For Capital

• Over the past year, companies have experienced difficulty in sourcing finance.
• Banks are not as willing as they once were to extend credit.
• Business promoters have been forced to look elsewhere to fund their enterprises.
• The last remaining untapped source of corporate finance is pension funds, specifically the self administered variety.
• Tax relief for pension contributions means that an additional 41% is available for investment.
• Curran Financial Services are experts in the creation of structures which facilitate collective investment by pensions and which provide business ventures with much needed capital.

Curran Corporate Finance Sevices:

Individual pension investors acquire a stake in a collective investment structure and that structure, in turn, makes the investment in the target business or asset.

Key Points

Only Exempt Pension Investors may participate. Examples include small self administered schemes, self invested personal pensions, approved retirement funds and institutional investors

The Revenue Commissioners’ rules for pensions will apply to the structure. For example this means that the promoters/employees of the business venture must not invest their own pension funds in the structure

Pensions are exempt from income and capital gains taxes earned on investments

Our Sevices

Curran Financial Services will ensure the structure meets with the legal and Revenue Commissioners requirements for pension investments Our dedicated team are specialists in transactions of this kind We will be on hand to guide promoters through each step of the transaction – from concept to completion

 

Curran Financial Services is bonded with Professional Indemnity Insurance by Lockton Insurances. We are a member of the Investor Compensation Scheme and a funding contributor of the Financial Services Ombudsman