Skip to main content

MENU
  • Home
  • About Us
  • Our Advisers
  • Treating Customers Fairly
  • Testimonials
  • Privacy Policy
    • Cookie Policy
  • Contact Us
  • Wealth Management
    • Wealth Management
    • Introduction to Wealth Management
    • Lasting Power of Attorney
    • Relationship Management
    • Trust Information
    • Wills
  • Business Insurance
    • Business Insurance
    • Introduction to Business Insurance
    • Directors' & Staff Benefits
    • Employers' Liability
    • Income Protection
    • Key Person
    • Pensions & Capital
    • Professional Indemnity
    • Share Protection
  • Equity Release
    • Equity Release
    • Introduction to Equity Release
    • Types of Equity Release
    • Drawdown Lifetime Mortgage
    • Home Income Plan
    • Home Reversion Plan
    • Lifetime Mortgage
    • Costs
  • Financial Planning
    • Financial Planning
    • Introduction to Financial Planning
  • General Insurance
    • General Insurance
    • Introduction to General Insurance
    • ASU
    • Redundancy / Unemployment
  • Health Insurance
    • Health Insurance
    • Introduction to Health Insurance
    • Critical Illness
    • Income Protection
    • Private Medical
  • Life Assurance
    • Life Assurance
    • Introduction to Life Assurance
    • Family Income Benefit
    • Investment Linked
    • Whole of Life
    • Relevant Life Cover
  • Mortgages
    • Mortgages
    • Introduction To Mortgages
    • 1st Time Buyer
    • Buy to Let
    • Interest Only
    • Remortgaging
    • Repayment
  • Pensions
    • Pensions
    • Retirement Planning
    • Occupational Pensions / Auto Enrolment
    • Income Drawdown / Unsecured Pension
    • Annuities
    • Executive Pension Plan
    • National Employment Savings Trust (NEST)
    • Personal
    • Stakeholder
    • State Pension
    • SIPP
    • SSAS
  • Savings & Investments
    • Savings & Investments
    • Introduction to Savings & Investments
    • Capital Investment Bonds
    • Collectives
    • Equities
    • Fixed Interest Investments
    • ISAs
    • Investment Trusts
    • Junior ISAs
    • National Savings Products
    • OEICs
    • Offshore Collectives
    • Unit Trusts
    • With-profits
  • Taxation
    • Taxation
    • Introduction to Taxation
    • Income Tax
    • Inheritance Tax
    • Capital Gains Tax
  • TB Personal Finance Portal
  • Financial Calculators
    • Financial Calculators
    • Mortgage
    • Single Investment
    • Monthly Investment
    • Annual Investment
  • Buy Online
  • Market Data
  • My Portfolio
  • Research Links
  • Professional Connections
  • Wealth Management
    • Introduction to Wealth Management
    • Lasting Power of Attorney
    • Relationship Management
    • Trust Information
    • Wills
  • Business Insurance
    • Introduction to Business Insurance
    • Directors' & Staff Benefits
    • Employers' Liability
    • Income Protection
    • Key Person
    • Pensions & Capital
    • Professional Indemnity
    • Share Protection
  • Equity Release
    • Introduction to Equity Release
    • Types of Equity Release
    • Drawdown Lifetime Mortgage
    • Home Income Plan
    • Home Reversion Plan
    • Lifetime Mortgage
    • Costs
  • Financial Planning
    • Introduction to Financial Planning
  • General Insurance
    • Introduction to General Insurance
    • ASU
    • Redundancy / Unemployment
  • Health Insurance
    • Introduction to Health Insurance
    • Critical Illness
    • Income Protection
    • Private Medical
  • Life Assurance
    • Introduction to Life Assurance
    • Family Income Benefit
    • Investment Linked
    • Whole of Life
    • Relevant Life Cover
  • Mortgages
    • Introduction To Mortgages
    • 1st Time Buyer
    • Buy to Let
    • Interest Only
    • Remortgaging
    • Repayment
  • Pensions
    • Retirement Planning
    • Occupational Pensions / Auto Enrolment
    • Income Drawdown / Unsecured Pension
    • Annuities
    • Executive Pension Plan
    • National Employment Savings Trust (NEST)
    • Personal
    • Stakeholder
    • State Pension
    • SIPP
    • SSAS
  • Savings & Investments
    • Introduction to Savings & Investments
    • Capital Investment Bonds
    • Collectives
    • Equities
    • Fixed Interest Investments
    • ISAs
    • Investment Trusts
    • Junior ISAs
    • National Savings Products
    • OEICs
    • Offshore Collectives
    • Unit Trusts
    • With-profits
  • Taxation
    • Introduction to Taxation
    • Income Tax
    • Inheritance Tax
    • Capital Gains Tax
  • TB Personal Finance Portal
  • Financial Calculators
    • Mortgage
    • Single Investment
    • Monthly Investment
    • Annual Investment
  • Buy Online
  • Market Data
  • My Portfolio
  • Research Links
  • Professional Connections
Call Us Now 01799 525407 Send Us An Enquiry
  • Home
  • Offshore Collectives

Offshore Collectives

Investing in Offshore Collective Funds

Offshore investment vehicles include unit trusts, mutual funds or investment companies, and may be open or closed. The offshore company normally pays no tax on its income or gains. However, the income it receives may be subject to withholding tax, which the company will not be able to reclaim. For the policyholder, all gains are fully taxable at the time of encashment.

Risk & Reward

Offshore funds can offer greater returns and often greater risks than onshore funds, however many countries restrict investment in such funds by their citizens, and also restrictions are placed on the marketing of offshore funds to their citizens. The UK's regime, whilst permissive, is still not very flexible. The laws and regulations of high-tax countries in respect of offshore funds are directed not just to limiting the behaviour of their citizens but also to preventing 'money-laundering' and other illicit uses of International Offshore Financial Centres (IOFCs).

Financial Conduct Authority recognised funds

These are funds which, although managed overseas, are permitted to market themselves directly to UK private investors. Having the 'Financial Conduct Authority Recognised' tag simply means that the UK authorities acknowledge the regulatory regime in the overseas territory is of a standard at least as 'good' as in the UK.

There may however still be higher risk funds which the Financial Conduct Authority doesn't recognise even though they are based in territories with 'good' regulatory regimes.

OFFSHORE COLLECTIVES ARE COMPLEX INVESTMENTS AND ARE NOT SUITABLE FOR EVERYONE, YOU SHOULD SEEK FINANCIAL ADVICE BEFORE ENTERING INTO THIS TYPE OF INVESTMENT.

INFORMATION IS BASED ON OUR CURRENT UNDERSTANDING OF TAXATION LEGISLATION AND REGULATIONS. ANY LEVELS AND BASES OF, AND RELIEFS FROM TAXATION, ARE SUBJECT TO CHANGE.

THE VALUE OF INVESTMENTS AND THE INCOME FROM THEM MAY GO DOWN. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED.

Company address: TB Asset Management, Cambridge House, 16 High Street, Saffron Walden, Essex, CB10 1AX
T: 01799 525407 F: 01799 516355 Email: info@tbassetmanagement.co.uk

TB Asset Management is a trading style of ADMS Asset Management Ltd. ADMS Asset Management Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (www.fca.org.uk/register) under reference 569871.

Registered in England. Company No 7781731. Directors: David Smith and Andrew McKay

Registered address: Cambridge House, 16 High Street, Saffron Walden, Essex CB10 1AX
Tel: 01799 525407 - Fax: 01799 516355 - Email: info@tbassetmanagement.co.uk

The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

Where you have a complaint or dispute with us and we are unable to resolve this to your satisfaction then we may be obliged to offer you the Financial Ombudsman Service to help resolve this. Please see the following link for further details: http://financial-ombudsman.org.uk

© Copyright 2022 Adviser Pro. All Rights Reserved.

Design and Development by Adviser Pro