Novia Global provides access to two types of Product, a Global Investment Account (GIA) and a Global Retirement Account (GRA). For each Product we allow Investors to benefit from a variety of portfolio management options, including:
aggregating the assets held to align reporting and treatment with the appropriate regulatory structures
showing the valuations and charges for each Product in a clear manner
easily selecting those assets that are appropriate to hold in a particular Product from the wide range of funds on offer
using the tools we provide to manage investments held
Global Retirement Account
The Novia Global Retirement Account (GRA) is a Qualifying Recognised Overseas Pension Scheme (QROPS) that meets the conditions specified by HMRC and is able to accept pension transfers from appropriate UK Pension Schemes.
The Novia Global Retirement Account is an overseas pension arrangement that meets the qualifying conditions specified by HMRC. It is a Maltese registered plan that can accept pension transfers from appropriate UK Pension Schemes. The GRA gives clients the opportunity to:
build up pension funds through transferring appropriate existing pension arrangements. It is available to all nationalities with accrued UK pensions, resident outside the UK.
transfer amounts from qualifying schemes without restriction
take benefits in a form that is best for them from the age of 55
take advantage of a wide range of investments and have income drawn from the fund. There will be no compulsion to take an Annuity and any balance on death will be passed to dependents
benefit from clear reporting
grow funds in an appropriate tax environment. The tax payable on distribution will depend on the client’s tax residency
Global Investment Account
The Novia General Investment Account (GIA) allows clients to make unlimited contributions into one account.
The Global Investment Account is a general investment account. Investors are able to make unlimited payments into the currency accounts within the GIA and benefit from the service's:
reporting and tools
range of investment opportunities
wide choice of funds
competitive charges from Fund Managers
handling of investment strategies through model portfolios and DFMs