Independent Trustee Company

What Independent Trustee Company does

Independent Trustee Company Limited (ITC) is an Irish-owned professional pension trustee company established in 1994 and headquartered in Dublin. It administers approximately €3 billion of client funds across more than 6,500 self-administered pension structures, including PRSAs, Approved Retirement Funds (ARFs), Buy Out Bonds, and QROPS for UK pension transfers. Through its sister company Independent Trustee Limited (ITL), established in 2004, it also provides trustee services for group occupational pension schemes, family trusts (~€120M under trust), commercial trusts, and share schemes. The group holds approximately 1,500 properties held under individual pension structures.

The company's technology stack centers on a self-administered pension platform with proprietary digital tools: the ITC Nexus broker portal for new business processing, the ITC Client Portal mobile application (iOS and Android), and rule-based calculators for funding, property, and mortgage scenarios. The LEAP platform, a strategic collaboration with Conexim (investment platform) and BNY Pershing (custody), integrates ITC pension structures with institutional-grade investment access.

Revenue is generated through subscription-style annual fees on pension trustee services (PRSA, ARF, Buy Out Bond, SSAS), platform fees on LEAP, and professional services fees for trust and corporate trusteeship. Distribution runs almost exclusively through a captive network of financial advisors and brokers, supplemented by direct contact for corporate clients. Customer segments are high-net-worth individuals, self-employed professionals, company directors, and corporate/employer clients seeking professional pension trusteeship in Ireland and the UK.

Name

Independent Trustee Company

Legal name

Independent Trustee Company Limited

Website

https://independent-trustee.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Independent Trustee Company is an Irish professional pension trustee founded in 1994, administering ~€3 billion across 6,500+ self-administered pension structures (PRSA, ARF, Buy Out Bond, QROPS) and ITL trust services for high-net-worth individuals, professionals, and corporate clients, primarily distributed via financial advisors.

Ownership category

akta.pro rank

Product category

Pension Trustee Services

NAICS

Trusts, Estates, and Agency Accounts (52592), Pension Funds (525110), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro primary industry

Fiduciary Agency & Trustee-for-Hire Services (FSAAANAL)

akta.pro secondary industries

Pensions & Retirement Benefits Administration (BPAIAKAA), Structured Finance Legal, Trustee & Administration (FSACACAJ), Governance Bodies & Board/Trustee Administration (EDADAKAL)

Keywords

• Self-administered pensions
• Pension trustee services
• Personal retirement savings accounts
• Approved retirement funds
• QROPS transfers

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Pension Trustee Services: Fees for acting as trustee to self-administered pension schemes including PRSA, ARF, Buy Out Bond, and SSAS. Administration and processing fees for pension schemes.
2. LEAP Platform Fees: Charges for the Leading Edge Advisor Programme platform combining pension structures with investment platform access. Fee schedules available for SSAS, BOB, ARF and PRSA products.
3. Trust Services: Professional trustee services for family trusts, commercial trusts, share schemes, and group occupational pension schemes through ITL (Independent Trustee Limited)

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Independent Trustee Company operates as an Irish professional pension trustee, providing self-administered pension structures (PRSA, Approved Retirement Fund, Buy Out Bond and SSAS) for individuals and the LEAP platform for financial advisors, plus a full range of scheme administration, compliance and reporting services. Through its ITL subsidiary it also provides trustee services for group occupational pension schemes, family trusts, commercial trusts and share schemes, administering approximately €3 billion in over 6,500 pension structures.

Product overview

Independent Trustee Company (ITC) is a leading Irish provider of self-administered pension structures offering a comprehensive portfolio of pension products and trustee services. The core product lineup includes ITC Approved Retirement Fund (ARF) for post-retirement flexible investment, ITC Buy Out Bond for transferring pension benefits to personal schemes, and ITC Personal Retirement Savings Account (PRSA) as a web-enabled cost-effective pension plan. QROPS services enable UK pension transfers. The LEAP Platform provides advisors with an integrated pensions and investment solution combining ITC's pension structures with Conexim's platform and BNY Pershing's custody. Additional services include Pension Property investment facilitation, Property and Mortgage Calculators, and ITL Trustee Services covering group occupational schemes, family trusts, commercial trusts, and share schemes. The company administers approximately €3 billion of client funds across over 6,500 pension structures.

Differentiator

Problem solved

Functional benefit

Brands

• LEAP Platform: The Leading Edge Advisor Programme (LEAP) provides professional financial advisors with an innovative pensions and investment platform solution.
• ITL Trustee Services
• ITC PRSA
• ITC ARF
• ITC Buy Out Bond
• QROPS
• PensionProperty
• ITC Pension Property Calculator
• ITC Pension Mortgage Calculator

Products and services

• ITC Personal Retirement Savings Account (PRSA) A web-enabled, flexible, cost-effective personal retirement savings account offering complete control over investment strategy with full cost transparency. Three variants (PRSA 1, 2, 3) differ by the level of service offered by the financial advisor and the annual management charge levied. Targeted at individuals planning retirement, with PRSA 1, 2 and 3 registered as QROPS-eligible for UK pension transfers.
• ITC Approved Retirement Fund (ARF) A post-retirement investment vehicle available to individuals who have already drawn their retirement benefits, providing flexibility to invest post-retirement funds in assets of the client's choice without restrictions on asset classes, products or investment funds. Suitable for individuals who want continued investment control in retirement.
• ITC Buy Out Bond An individual pension bond established in the client's own name, designed for transferring pension benefits when leaving employment or when winding up a company pension scheme. Offers flexibility, transparency, security and control over how the transferred benefits are invested, and is registered on HMRC's QROPS list for UK transfers.
• QROPS (Qualifying Recognised Overseas Pension Scheme) A pension scheme registered on HMRC's QROPS list enabling UK residents and nationals to transfer UK pension benefits overseas. ITC offers QROPS via both its PRSA and Buy Out Bond structures, supported by a dedicated ITC International Pensions site and, where applicable, the LEAP platform.
• LEAP Platform (Leading Edge Advisor Programme) An integrated pensions and investment platform solution built for professional financial advisors, combining ITC's pension structures with Conexim's investment platform and BNY Pershing (Pershing Securities International Limited) custody services. Provides institutional-rate access to funds, equities, ETFs and bonds, and is distributed through appointed advisors.
• Pension Property service An ITC service facilitating the purchase of Irish and UK residential and commercial property through a self-administered pension scheme, providing members with access to property management panel agents, pension borrowing options through banking partners (including ICS Mortgages / Dilosk), and dedicated property and mortgage funding calculators. Approximately 1,500 properties are held by individual pension owners with ITC acting as trustee.
• ITL Trustee Services (umbrella offering) Independent Trustee Limited (ITL), established in 2004 as a sister company of ITC, provides independent professional trustee services to group occupational pension schemes, family trusts, commercial trusts and share schemes. Sub-services delivered under this umbrella include Share Schemes, Governance and Support, Family Trusts, Commercial Trusts, and Trusteeship, Pension and Risk Management; ITL currently holds approximately €120 million in its private trust practice.
• ITL Share Schemes service Trustee services delivered by ITL for Irish employer share schemes, including Approved Profit-Sharing Schemes (APSSs), Employee Share Ownership Trusts (ESOTs), Save As You Earn (SAYE) schemes, and restricted or 'clog' share schemes. Designed for companies using equity-based incentives to attract, retain and motivate employees.
• ITL Governance and Support service Professional trustee governance services from ITL including pension scheme secretarial support, IORP II compliance support, and assistance for Pension Governance and Total Compensation Committees in Irish and international employers.
• ITL Family Trusts service Professional trustee services for family trusts holding cash or investments for the benefit of family members, covering estate planning, asset protection and tax optimisation. ITL's private trust practice holds approximately €120 million under trust across family and related engagements.
• ITL Commercial Trusts service Trustee services delivered by ITL for commercial transactions and corporate structures, including holding loan security, asset holding vehicles, commercial supply arrangements, share voting arrangements, and exempt unit trusts.
• ITL Trusteeship, Pension and Risk Management service Independent trustee services from ITL for occupational pension schemes, ensuring compliance, scheme administration and risk benefit management with professional oversight for sponsoring employers and scheme trustees.

Quantifiable outcome

• Administering circa €3 billion of client funds in over 6,500 pension structures
• +2 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ConeximcoreTechnology or IntegrationLEAP (Leading Edge Advisor Programme) is a collaboration between ITC and Conexim, providing professional advisors with an innovative pensions and investment platform solution. Conexim provides the investment platform and trading service while ITC provides pension structures. Services are delivered in conjunction with BNY Pershing.
• BNY Pershing (Pershing Securities International Limited)coreTechnology or IntegrationPershing Securities International Limited (PSIL), a subsidiary of The Bank of New York Mellon Corporation (BNY Mellon), serves as the custodian for all on-platform assets in the LEAP platform. One of the largest established custodians in the Irish market for domestic investors.
• Quilter Cheviot EuropeminorStrategic or Co-development PartnerCollaboration on QROPS transfers webinar providing insights into portfolio process, in-specie transfers, and latest market developments. Quilter Cheviot Europe provides investment management services to Maltese Retirement Schemes.
• AnchorPoint ConsultingminorStrategic or Co-development PartnerGill Brennan, Founder of AnchorPoint Consulting, joined ITL's Helen Doyle in webinar on employee share schemes, discussing how Irish employers use share schemes to attract, retain and motivate talent.
• Property Management Panel AgentsminorOthersPanel of property agents from around the country familiar with requirements and structure of property in pension schemes, including sourcing tenants, arranging leases and collecting rent.

Scale indicators6 records

Recent moves7 records

Expansion highlights12 records

Broad incumbents

• Aviva Ireland: Large multi-line insurer offering life, pensions and investment products in Ireland including PRSA and corporate schemes; overlaps with ITC in the personal and corporate pension markets.
• Zurich Life Ireland: Major life assurer and pensions provider in Ireland offering PRSA, ARF, occupational schemes and post-retirement products; broad incumbent with overlapping capabilities to ITC across most product lines.
• Irish Life: Largest Irish life and pensions company offering a broad portfolio of pensions, investments and corporate schemes; competes with ITC across PRSA and occupational pensions but as part of a much larger financial services suite.
• Willis Towers Watson Ireland: Global advisory firm providing actuarial, pension administration and trustee services in Ireland; relevant peer to ITC and ITL on the corporate trustee and governance side of the business.
• Aon Ireland: Global risk and human capital consultancy providing pension scheme advisory, actuarial and trustee-related services; competes with ITL for corporate trustee mandates and pension governance work in Ireland.
• New Ireland Assurance: Bank of Ireland-owned life and pensions company providing PRSA, ARF, Buy Out Bonds and corporate pensions in Ireland; broad incumbent competing for the same advisor-distributed pension business.
• Mercer Ireland: Global consulting firm offering actuarial, pension administration and investment services in Ireland; competes with ITL's trustee and governance services for corporate occupational schemes and share schemes.

Regional players

• Carey Pensions: UK-based SIPP and SSAS administrator and pension trustee serving high-net-worth clients; comparable to ITC through QROPS-adjacent UK SIPP market and intermediary distribution.
• Hartley Pensions: UK-based specialist SIPP and SSAS provider serving UK advisers and clients with self-invested pension structures; comparable to ITC in product design and intermediary distribution model but operates in the UK market.

Direct peers

• Acorn Retirement Solutions: Irish self-administered pension and retirement specialist offering ARF, Buy Out Bond and PRSA products with independent trustee services — directly competes with ITC in the same Irish niche serving similar HNW and professional clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ITCTrust

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Independent Trustee Company