Moore Stephens Isle of Man releases new personal accounts for superyacht crew.

A new flexible savings service for superyacht crew, the Personal Wealth Builder investment account, has been launched by Moore Stephens Financial Services, a company licensed by the Isle of Man FSC.

Designed around the Royal Skandia Executive Wealth Builder, the service is both simple and flexible, letting crew members put aside a little something for a rainy day, to pay for training for their next qualification or license, to make a deposit on a house or fund the start of their pension.

Mike Buffini, a chartered wealth manager and director in Moore Stephens Financial Services said “The Personal Wealth Builder account offers great flexibility which is perfect for superyacht crew and comes with a greater range of investment funds than many other similar savings schemes. You know, most savings plans are just too complicated for the lifestyle of superyacht crew.”

Your Personal Wealth Builder account enables superyacht crew to:

•   Invest as little as £200/€300/US$300monthly;
•   Change how much is saved and how often, at any time, with no fixed saving term;
•   Access savings at any time with no penalties;
•   Invest in selected growth portfolios or choose from over 370 global investment funds; and
•   Switch funds whenever wanted, for free.

No commission is taken, just a low one-off setup fee, and there are no lock-in periods with this Personal Wealth Builder account.

“Using the Moore Stephens presence in the market we’ve also managed to arrange minimal management charges,” Mike added. “You’ll be investing in a safe, reliable and world recognised financial institution, a FTSE 100 company that’s also tax efficiently offshore, in the Isle of Man.”

For more information please visit Moore Stephens.