The Triton

Business

Moore Stephens launches crew savings service

ADVERTISEMENT

w/mug of Buffini

 

Isle of Man-based Moore Stephens Financial Services has created a new flexible savings service for superyacht crew, the Personal Wealth Builder investment account.



The service lets crew put aside a little something each paycheck to practice the sagest of financial advice: to pay yourself first.



“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,” said Mike Buffini, a chartered wealth manager and director in Moore Stephens Financial Services. “You know, most savings plans are just too complicated for the lifestyle of superyacht crew.”



Monthly investments start at $300 (300 euros; 200 pounds) and the account lets crew change how much is saved and how often with no fixed saving term. Savings in the account is available at any time with no penalties, and investment options include chosen growth portfolios or more than 370 global investment funds. Money can be moved between investments at no charge.



Moore Stephens does not collect a commission on the transactions in the account, but charges a one-time set-up fee.



Moore Stephens is a global accounting and consulting firm with more than 624 offices in 101 countries. For more information, visit www.msiom.com.

Related Articles

Amels launches first in line of six this spring

Amels launches first in line of six this spring

The 205-foot (62.5m) Amels 206 rolled out in February as the first spring launch of the year for Dutch yacht builders Amels and Damen. The Amels Limited Editions yacht is one of six new builds that …

Medical training means crew don’t need EpiPens to treat anaphylaxis

Medical training means crew don’t need EpiPens to treat anaphylaxis

By Rebecca Castellano Dominating the news last month was a significant price increase of the EpiPen, an auto-injector device that delivers a pre-measured amount of epinephrine, also known as …

Twins credit years as crew for success as brokers

Twins credit years as crew for success as brokers

By Dorie Cox Many people do a double take when they see twins Kristen Klein and Jessica Engelmann. Each with blond hair, bright eyes and gentle smiles, their similar interests have kept them on a …

Crew Compass: Cruising  brings joy in places we had not expected

Crew Compass: Cruising brings joy in places we had not expected

Crew Compass: by Lauren Loudon Being offered a new job is always an exciting time and, as I’ve mentioned previously, there are different factors to consider that make a specific boat the …

YMB17: Chinese-built M/Y Serenity debuts

YMB17: Chinese-built M/Y Serenity debuts

By Dorie Cox Seven yacht crew, as well as dayworkers, the lead charter broker and visitors took tours on Friday at Yachts Miami Beach for the debut of M/Y Serenity, a 133-foot vessel built by IAG …

Culture is key to crew retention

Culture is key to crew retention

By Lucy Chabot Reed In an effort to stay away from the L word, leaders in yacht crew training gathered yesterday to discuss the importance of culture on yachts. “Instead of pointing your …

Comments