Incorporating offshore bonds into a pensions strategy

In the UK, the weekend papers are currently full of comment on the pensions 'crisis'. Newly-appointed pensions minister David Blunkett has been coaxed back into power to solve the insoluble - to cut the Gordian Knot of pensions complexity. While he considers the options, those 'stuck' in the system continue to suffer financially and emotionally. Can't we see the wood for the trees? What is the purpose of a pension? Is it not to provide an income in retirement? This desirable objective can be achieved in a variety of ways. The traditional route to retirement income is through tax-relieve...