The adviser's flexible friend

offshore

Offshore bonds have a wider choice of fund type, geographical split, currency and fund manager than onshore bonds, and switches are not subject to capital gains tax

Once an adviser has met the protection needs of his client, ensured that there is an emergency fund available and that daily expenses are taken care of, what should he or she do next? If there is still a lump sum, what direction does his or her recommendation take? Using the client's Isa allowance is normally the first consideration, before looking at further investment into funds, equities, property and others - the list of these is becoming increasingly long. Direct investments would allow clients to use their capital gains tax allowance, but they would have to be prepared with both tim...