With A-Day regulations placing onerous restrictions on pensions investment, particularly for the wealthy, international investment bonds could prove to be a ready-made solution
Ask a star footballer or a deep-sea diver what they know about international investment bonds and the chances are you will draw a rather confused blank. However, these are just two categories of individual who could save thousands by ploughing their extra pension cash into such vehicles. Offshore bonds - which hold money in unit trusts, corporate bond funds and insurance company investment bonds - have become an increasingly attractive proposition during the past 10 years. This is mainly due to their tax efficiency. Most commonly based in the Isle of Man or Dublin, followed by Luxembourg o...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes