IFAs still discount the offshore market

Certainly in the past accusations of higher charges and poor performance compared to UK equivalent products may have had some justification, but in the current climate costs have been reduced and performance much improved. When speaking to IFAs I am often asked the question “why should I use offshore bonds instead of onshore for my clients?” The truth is that a different question should be asked – “when should I use offshore bonds for my clients?” The alternative question focuses on the reasons that make offshore bonds an appropriate solution to client needs. Over the years, billions of...