The list of eligible investment held by a UK tax resident into an offshore bond (in a French assurance cie format) has been expanded by the policy provider at its sole discretion to include about 100 blue chip shares which are part of the main indices (CAC 40 DAX Ibex etc) of the eurozone. The policyholder can select the investment into his offshore bond.
The policyholder which has only used five funds (the general insurance policy fund and 4 ETF) out of the more than 300 which were previously accessible (all of those being within the permissible categories) is now concerned about his offshore bond potential exposure to a personal portfolio bond (PPB) qualification further to this addition of direct share investment into the list of eligible investment even if he has no intention of investing into any of the shares now made available.
- As the shares that...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
