Offshore Investment

Introducing a tiered inheritance tax band would cut the tax paid by nine out of ten people but still add an extra £150m a year to the Treasury coffers, says the IPPR.

Abbey is rebranding its Abbey National Offshore division as Abbey International, in line with the name change within other sections of the banking group.

Scottish Equitable International (SEI) this week launched a new offshore plan, which it claims could work as an alternative retirement savings tool for investors who will exceed the coming lifetime limit.

The Association of International Life Offices is launching a consumer brochure to explain the benefits of investing offshore and dispel myths about investing overseas.

Around one-third of working age Britons will go overseas to live or work by 2020 because they expect to receive a better quality of life, according to research by Alliance & Leicester International.

Scottish Equitable International swept the boards in the life category of this year's International Investment Offshore Fund and Product awards, having picked up three of the main prizes last week.

Tax officials have dropped plans to make Pre-Owned Assets tax respective across the board, however, new legislation will still affect individuals who have still had use of assets since 1986, according to Scottish Life International.

Norwich Union International has unveiled a series a new ‘simplified' marketing campaign aimed at encouraging take-up of its offshore core funds bond.

Scottish Life International has launched the latest version of its safe combination bond which offers between 95-100% capital protection and potential stock market growth in the FTSE 100.

It was not just UK-based investment sales which suffered in the last year, according to the latest AILO sales figures, as offshore life sales were down almost a fifth on the previous year.