Offshore Investment

The gap between interest paid on Euro offshore savings accounts and the European Central Bank's (ECB) base rate is widening, according to Investec Bank.

People with Euro offshore savings accounts should review their interest rate as there is a growing disparity between European Central Bank (ECB) rates and offshore savings rates, according to Investec.

Kaupthing Singer & Friedlander (Isle of Man) has increased rates on its Base Rate Tracker and Platinum Offshore Account range of deposit accounts.

While the talk coming out of Asia mainly centres on the booming Chinese market, the region's forgotten little brother India has slowly but surely developed into one of the world's fastest growing economies.

It was not that long ago since With-Profit Bonds dominated the investment advice arena. In fact, between 2000 and 2002, £8.3billion was invested, via IFAs, into with-profits bonds (Source ABI). While there were offshore with-profits bonds available, they...

AXA Isle of Man (AXA IOM) has unveiled an offshore investment bond, designed to accept both single and regular premiums, to run alongside its single premium offshore proposition.

STANDARD Life International has expanded the geographical scope of its business, to include residents of, and trusts based in, the Channel Islands and the Isle of Man.

MELLON Global Investments has added UK distributor status to its Mellon Evolution Global Alpha fund after the offering became part of the company's Dublin-domiciled Mellon Global Funds umbrella.

At a recent Association of International Life Offices (AILO) meeting, my AEGON Scottish Equitable colleague, Kate Smith of the Pensions Development Department, made a presentation about A-day one year on.

More people are turning to offshore bonds as part of their inheritance tax planning, according to a report from financial research firm Defaqto.