The offshore option

Offshore bonds form an important part of retirement planning that should not be overlooked says Phil Oxenham. For most people, pensions provide a tax efficient solution for retirement planning; however, a pension is not the only option when planning for retirement. Additional measures, such as regular or single premium offshore bonds, issued by authorised insurance companies, may complement a pension, and the flexibility offered by offshore bonds, could help overcome the loss of tax relief on contributions. Offshore bonds offer similar tax efficient fund growth. UK dividends are collect...