Onshore funds go offshore

As with-profits business declines, the investment choices facing intermediaries purchasing international life products are widening. There is a huge growth in third-party fund links in these wrappers, meaning that more and more UK onshore funds are now available in the offshore market. It is a far cry from the days when with-profits was the default option of choice, providing in a single package stock selection, asset allocation and some attractive guarantees to boot. For those who are natural purchasers of offshore funds, the rise of investment boutiques has also widened the choice ...