Offshore Bonds
Offshore Bonds | 25 Apr 16
HMRC to overhaul 5% tax free allowance on life bonds
The UK tax office plans to overhaul rules governing the part surrender and part assignment of life insurance policies to redress the unfair tax bills which some individuals face if they withdraw money from an investment bond in the wrong way.
How offshore bonds can help with financial planning
Scott Hood, regional technical manager for the Middle East and Africa at Friends Provident International, looks at key reasons why offshore bonds continue to add value as a tax wrapper.
Old Mutual Int’l offers offshore bond for Swedish investors
Old Mutual International (OMI) has launched a new whole-of-life portfolio bond with special custodian features that have been tailored specifically for Swedish investors.
Offshore bonds and Qrops drive jump in STM profit
STM Group, a specialist financial services group, said a focus on building up its international pensions and life assurance products business helped it post a near 60% rise in net profit for the year to 31 December 2015.
Offshore Bonds | 23 Feb 16
Prudential’s IPB offshore bond records solid growth
As part of its 2016 bonus declaration, Prudential has announced that the sterling tranche of its International Prudence Bond (IPB), an offshore bond sold to UK expats, has grown 6.7% in year-on-year terms since it was launched 14 years ago.