Pension planning can include offshore

Pensions simplification (A-day) was a great one. It gave us opportunities to talk about using offshore for those who are unable to put more into pensions – those who went for enhanced protection. This is nothing to do with the strength of Richard Hammond’s helmet or that young children now have to sit in booster seats. Then, of course, there’s the unwilling – those who don’t want to put more into pension as they may want to take benefits before 50 (or 55 if you are reading this after 2010 - not too much chance of that) or want to take the benefit as a lump sum. One issue that is continual...