Offshore Financial Planning

Sunalliance International Financial Service’s International Pension Plan offer flexible premiums, which can be made in sterling, euros, US or Hong Kong dollars.

In contrast, a tax-free stint in the Gulf is of course lucrative for pension planning and makes the tax breaks common to regular pension savings in the UK unnecessary anyway. Those with the benefit of tax-free earnings can also avoid the poor charging structures still applied to some pension products in the UK, as well as the appalling annuity rates currently on offer.
However, these residents must beware of tax liability on return to the UK.

Offshore Financial Planning & Graham Robb

Royal & Sunalliance International Financial Services also has a range of offshore-based funds, which mirror the investment allocation of regular UK-based vehicles. They can be used to invest in anything from the FTSE 100 to single stocks, and investments can be varied at no cost.

Offshore Financial Planning - Retiring Abroad

Although retirees may find it beneficial to domicile themselves abroad for tax purposes during retirement, they could find themselves prevented from returning to the UK for longer periods to avoid tax liability. This could prove difficult if extended medical treatment is necessary, or when a spouse dies. As Robb puts it: “If someone is retiring abroad, then tax is a very important fact, but they do not want it to dictate their lifestyle.”