SLI provides guide on offshore bonds

Aimed at financial advisers in the UK, the Isle of Man-based company says the note explains the tax and investment issues which surround investing in offshore life assurance bonds. It suggests IFA may be needing to look more towards offshore bonds, particularly if more clients are choosing to work abroad, or if they plan to retire abroad or are “internationally mobile”. In addition, SLI suggests since A-Day and the introduction of a lifetime limit of £1.5m, which increases to £1.8 by 2010-11, higher-earning clients may be feeling restricted by the pensions limit, and not wanting to incu...