Pension Plan 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 on the above points and help you clarify what your financial goals are.