Understand Offshore Bond Charges | Insider Knowledge

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This article will save expatriates thousands of pounds, help you avoid high charges, and increase your investment returns.

Overseas you will be sold bonds, bonds in investment bonds, bonds in pensions, insurance bonds for holding lump sums, and bonds for 5 year investment terms with 5% “tax-free” income withdrawals. You will be sold them because they are (Tick the boxes off as applies) tax efficient, cheap (only 1% charges advertised), come with investment protection, and “free” (you do not have to pay the adviser for advice). They also provide “gross roll up” and provide “tax free income” up to 5% per annum and sometimes higher.

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hi I have a discretionary bond from axa left for me they have passed away (isle of man axa) an they will not pay out what can I do I have contacted them a number of times but no luck what is best way to deal with this please advise thanks

feasealhanif