Nearly two thirds of advisers are contemplating using offshore bonds as the sector becomes increasingly mainstream, research suggests.
According to a study by Legal & General (L&G) International, six in ten advisers have either recommended offshore bonds over the past year or would consider doing so in the coming months. L&G says the offshore bond sector is becoming a "mainstream" consideration for IFAs advising clients on tax and investment planning. The L&G study also found almost half of advisers recommending offshore bonds believe "greater investment flexibility" is the reason the sector has held up well in 2008 compared to its onshore counterparts. Furthermore, one third also indicated price was a factor, as off...
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