How to use offshore bonds for retirement planning

Offshore bonds have ­always played an­ ­important part in peoples’ retirement planning, but they have primarily been seen as a high net worth solution. However, the recent decrease in the annual pension contribution limit from £255,000 to £50,000 means that more people than ever are likely to include offshore bonds in their retirement planning. Chris Allatt, Sanlam UK’s head of technical services, agrees, saying that offshore bonds are ­increasingly ­being considered by clients as an ideal complement to their ­pension planning. He says: “One major use of ­offshore bonds in retireme...