Q. I have a UK pension I no longer live in the UK. Can I transfer my pension overseas?

Yes it is possible to transfer your UK pension overseas and in many cases it is advantages. The simplest and most popular way to do this is to transfer your pension to a Qualifying Recognised Overseas Pension Scheme, QROPS in short.

Q: Is it better to invest with lump sums or monthly payments?

The answer to this question depends on your own situation
and preferences. Some people prefer to invest lump sums
when they have the money available – perhaps from a
bonus at work. The benefits of this approach are that you
may be able to take advantage of discounted charges and
you are much less likely to spend the money on other
things if you have tucked it away in an investment fund.

Q: What is offshore?

A: In a financial sense investing ”offshore” means investing in a jurisdiction in which you do not reside. Established offshore centres such as the Isle of Man, Jersey, Guernsey, and Switzerland, offer financial benefits to those who bank and invest there.

Q: Will my investments offshore grow free of tax?

A: Yes your investment will accumulate free of Capital Gains tax.

Q: How do I chose the offshore investment which is best for me?

A: Your Gerrards advisor can offer you help and guidance in finding the investment which is consistent with your individual needs and objectives.

Q: What about other financial services which I might need.

A: Our advisers can also offer Independent advice and guidance on everything from investments to life cover, including savings for education, retirement, mortgages, health insurance, and estate planning.

Q: So, if I have to pay income taxes, what is the advantage of investing offshore?

A: There are many other reasons to invest offshore, over and above the tax benefits.
Besides providing a legitimate way to minimise your tax liability, other important reasons to consider investing and banking offshore include asset protection, estate planning, confidentiality, and access to a wider range of investments providing potential for better returns.

Q: If I'm unsure which offshore investment may be best for me, can I talk to someone?

A: Yes! Simply click on the Call Me button on the website address below and fill in the Call Me form with your contact details. We'll give you a ring within one working day.
And don't forget, our advisers can offer help & guidance on everything from investments to life cover, including saving for the future, estate planning, mortgage protection, retirement & estate planning.

Q: What is the minimum amount I have to place in an offshore to make it worth my while?

A: This depends on the type of account or investment you wish to apply for. Typically offshore bank accounts which offer savings rates along with all the facilities of a current account - the minimum balance for this account is £/US$/€5,000.
Lump sum investments in offshore funds can also be made from just £/US$/€5,000. However, if you prefer you can make regular investments into an investment plan from just £/US$/€150 a month.

Q: Rather than making a lump sum investment, could I make regular smaller investments into an investment plan?

A: Absolutely. It's up to you how you invest. If you want, you can build up your investments through a series of small, regular monthly payments that over time, can accrue into a substantial investment.
Contributions can be made directly into your investment by credit/ debit card, or standing order, eliminating unnecessary administration on your part.