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Should you explore off shore investment?

Call 0800 085 3250 for IFA Promotions free offshore and expatriate factsheet or download it from www.unbiased.co.uk

Offshore investment is a very complex subject with thousands of products ranging from guaranteed to very high risk. With this in mind, IFA Promotion, the organisation promoting the benefits of independent financial advice, has produced a free guide covering the basics of offshore investment. This guide also covers expatriate finances and explains their position in relation to UK tax regulations.

 

The factsheet includes information on the tax benefits and limitations of offshore investing, the regulation of offshore centres, and how an IFA who focuses on this area can help; it also discusses how your financial situations may change should you move abroad. 

 

In addition the factsheet answers questions such as:

• Who can invest offshore?
• What are the benefits of offshore investments other than tax?
• What is the savings and tax position for expatriates?

David Elms, Chief Executive of IFA Promotion, commented; Offshore investing is a complex area; an IFA who focuses on offshore and expat finances can guide you through your financial decisions.  The fact that levels of regulation in offshore centres can vary means that taking financial advice is imperative.

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For a free copy of the factsheet together with details of independent financial advisers who can advise on offshore investment, call the IFA Promotion consumer hotline on 0800 085 3250 or visit www.unbiased.co.uk

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For further information please contact:

 

David Elms CEO            or                      Chloe Merriman/Liz Willder

IFA Promotion                                          Lansons Communications

020 7833 3131                                        020 7294 3681 / 3677

 

For expert comment or case studies from over 200 media-friendly IFAs, journalists should call IFA Promotions Media Services hotline on 020 7294 3682 or search online in Media Services at www.unbiased.co.uk

 

1.  Independent Financial Adviser Promotion

 

IFA Promotion was established in 1989 to promote the value and accessibility of independent financial advice to the public.  It represents over 10,000 firms of independent financial advisers across the UK and is sponsored by 26 leading financial institutions. In 2003, over 330,000 consumers and businesses used IFA Promotion to find local independent financial advice.

 

IFA Promotion believes Independent financial advice should be:

 

        Affordable.  The option to take independent financial advice should be available, by right, to all - not just the wealthiest in society.

 

        Convenient.  IFAs should be available in the location of the consumers choice, wherever they live in the UK.

 

        Transparent.  It must be clearly transparent to consumers who is able to offer independent financial advice and who is not.

 

2.      Independent Financial Adviser Promotions sponsors

AXA	National Savings & Investments
Bright Grey	Norwich Union Life
BUPA	Old Mutual Asset Managers
Canada Life	Prudential
Childrens Mutual	Scottish Equitable Plc
Clerical Medical Investment Group	Scottish Life
Eagle Star	Scottish Mutual Assurance Plc
Friends Provident	Scottish Provident
GE Life	Scottish Widows Plc
GMAC Residential Funding	Selestia
INVESCO Fund Managers Ltd	Standard Life Assurance Company
Legal & General	Skandia UK Group
Mortgage Express	Zurich Life Assurance Company