Looking for a new haven
Article Abstract:
UK investors considering moving investments offshore should take care to obtain professional advice before doing so. It is important to be aware that UK tax can only be deferred, not avoided, through making offshore investments in places such as the Isle of Man and the Channel Islands. Distribution funds offer income, but tax is payable each year when income is distributed. With an offshore insurance bond, returns build up but up to 5% each year can be withdrawn as income. With offshore roll-up funds, returns accumulate inside the fund so no tax is due until it is cashed in.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Talent-spotting can help your money grow
Article Abstract:
Those who are considering making a long-term investment need to be able to identify a successful investment house, rather than just successful products. It is important to choose a company that genuinely specializes in investments, and it is worth seeking information about the background of fund management groups from an independent financial adviser. The performance record of a fund manager can be traced in magazines such as Money Management and What Investment.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Study the form to find the best bet
Article Abstract:
Those considering placing money in a personal equity plan (Pep) should begin by looking at the funds that have seen a consistently strong performance. However, it is also important to be aware that past performance is not necessarily a guide to future performance. It is necessary to decide whether the Pep should provide income, capital growth or a mixture of both. Those seeking growth should consider investment trust Peps before unit trusts.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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