A brave new World

Professional Adviser
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Paul Bradshaw recounts the frustrations and the good times leading up to his immersion in the offshore market. Sarah Godfrey discovers how he sees the years ahead

The past few months have been a frustrating time for those involved in the offshore investment business. Since the pre-Budget report and its proposed - but still unconfirmed - changes to the capital gains tax regime, no-one who provides, distributes or advises on offshore investments has been able to say with absolute clarity that such products will continue to be the best solution for their clients. So it should be comforting to know that one of the founding fathers of the offshore life industry finds the current position just as frustrating. "I have never seen such a muddle," says Paul ...

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