Pension Plan Checklist

offshore pension planning checklist

Having decided an offshore pension plan is the correct choice, take a look at the following checklist and consider your personal priorities:

- Ability to increase or decrease your premiums

- Ability to pause your premiums

- Ability to choose a policy in the currency of your choice

- Ability to pay your premiums by credit card or standing order

- The security of the plan to match or exceed that of the UK

- Ability to reassess risk levels as you near retirement

- Ability to assign heirs or successors to your policy for easy transfer

- Option for withdrawal of cash midway through the plan

- Ability to invest ad hoc lump sums to boost your pension

Once you have made a decision on what aspects are most important, give your financial adviser a call and discuss the above points. They will be able to give you in-depth advice and help you clarify what your financial goals are.