UK-based actuarial firm Nigel Sloam & Co has opened a new company in Monaco - NSS Actuarial Monaco. The new office will focus on expanding the range of services on offer to non-UK resident clients.
The new office, located in Monte-Carlo, will complement the services provided by Nigel Sloam & Co in London providing actuarial advice including QROPS and QNUPS solutions, where appropriate - for the growing number of British expatriates now resident in Monaco, other countries around the Mediterranean and Switzerland.
Nigel Sloam & Co, which has been providing pension advice and Trustee services to companies and high-net worth individuals for more than 30 years, has clients in more than 40 countries around the world. The new office will be lead by Senior Partner Nigel Sloam.
“We have developed a unique specialisation in advising former UK residents on the structuring of their pension arrangements and the opening of an office outside of the UK is a natural progression of this. We are particularly excited by the prospect of integrating further with the growing British community in Monaco, who have been historically under-served compared with communities in other offshore jurisdictions such as Guernsey and Gibraltar,” said Nigel Sloam.
The Monaco relationship is not new. Nigel Sloam has developed strong connections with Monaco over 30 years and his family has associations with the Principality stretching back for more than 60 years.