I have # 50,000 GBP that I wish to invest at highest capital & income protected rates possible, plus tax exempt if at all possible ?
Can anyone provide an independent asset management company that can set-up a Offshore Pensions Trust for UK Retirement Fund Scheme contributions established abroad for tax mitigation gain benefits ?
The benefits in setting up an offshore pensions trust are in most cases substantial. Firstly, it negates the need to transfer all ones collective savings into an annuities contract. Secondly, it allows the beneficiaries to invest freely at up to some 10.15% fixed rate incomes yearly as opposed to 7.00% taxable. Thirdly, all pension schemes transferred offshore are tax exempt, and of significant importance also, all residual pension saving deposits accrued can be inherited by survivor family units free of IHT liabilities upon the death of the policy account holder(s). Offshore specialists in this trust management sector recommended for initial pro bono advice are: firstname.lastname@example.org | 06.10.11 @ 16:14
For the first £15,000 (or £30,000 if you are a couple) you could consider the National Savings and Investments 5 year index linked bond which pays the Retail Prices Index plus 0.5%, so at the moment 5.7% and is totally tax free.
Otherwise, may I suggest that you check out www.moneyfacts.co.uk for all the latest deals. For that level of investment, your capital would be fully covered by the investor protection scheme for any UK bank or building society, but not necessarily for overseas banks unless they have a UK banking licence.
For a proper answer to your second question we would need more information, but it sounds like you probably need what is known as a QNUPS (Qualifying Non UK Pension Scheme). We or any other suitably qualified UK adviser would be able to help you with this. | 06.10.11 @ 16:57