Scot Eq Int'l launches 'flexible' offshore plan

The Dublin-baed Flexible Investment Plan (FIP) is the first regular savings contract launched by the firm. Main benefits are the plan’s flexibility, where clients can make either regular or one-off contributions or withdrawals at any time, and its tax efficiency, SEI says. SEI believes the FIP targets five potential markets -including people who will hit the £1.5m lifetime allowance on pension contributions and are looking for a tax-efficient way of saving when when new legislation takes effect in April 2006. People working abroad or planning to retire outside the UK could benefit...