International pensions outclass UK offerings

The benefits of international pensions far outweigh UK pension options for high net worth individuals, according to Adrian Flambard, director of business development at Close Private Bank. He claimed that UK pension legislation was restrictive with no flexibility and was therefore not meeting investors' needs. He said international pension legislation was the way forward for clients looking for flexibility and a wide range of benefits. "In many ways international pension legislation is ahead of the game. There is no requirement for a defined benefit date, there are a number of methods ...