Skip to Main Content
For UK financial advice professionals only
For UK financial advice professionals only
How can we help you?
On demand events

Onshore or offshore? Making sense of insurance bonds

Last Updated:21 May 26

90 min watch

The rise of insurance bonds

With the increasingly harsh environment for tax-exposed investments, more and more planners are recommending insurance bonds to deliver outcomes for their clients.

Once the decision to use a bond has been made, the next question is onshore or offshore (or a bit of both).

Les Cameron (Head of Technical, M&G)
Shoaib Ahmed (Senior Technical Manager, M&G)

They covered the key attributes of insurance bonds and where onshore and offshore may fit in delivering outcomes for individuals and trustees.

up to 90 minute including Q&A I Structured CPD accredited by CII

Learning outcomes

By the end of this session, you will be able to:
  • Explain why insurance bond use is on the rise
  • Explain the specific tax attributes of insurance bonds
  • Evaluate when onshore or offshore will deliver the best outcome for your clients
Download the slides
Q&A

Claiming your CPD

To claim your CPD certificate, test your knowledge with the questions below.

Write down your answers to each of the following questions and check your answers when you click to claim your CPD certificate on the link below

A. What is the key component of return which reduces the effective rate of tax on an onshore bond below the savings rate of tax?

  1. Investment amount
  2. Interest received
  3. Gains accrued
  4. Dividends received

 

B. What is the difference in top slicing relief between onshore and offshore bonds for the same gain amount?

  1. Offshore is higher
  2. Onshore is higher
  3. It's the same
  4. Offshore does not receive the relief

 

C. How mch offshore bond gain can be generated tax free for someone with a pension of £12,570?

  1. £6,000
  2. £18,570
  3. £1,000
  4. £5,000

A. What is the key component of return which reduces the effective rate of tax on an onshore bond below the savings rate of tax?

  1. Investment amount
  2. Interest received
  3. Gains accrued
  4. Dividends received

 

B. What is the difference in top slicing relief between onshore and offshore bonds for the same gain amount?

  1. Offshore is higher
  2. Onshore is higher
  3. It's the same
  4. Offshore does not receive the relief

 

C. How mch offshore bond gain can be generated tax free for someone with a pension of £12,570?

  1. £6,000
  2. £18,570
  3. £1,000
  4. £5,000

Before collecting your certificate, please take a moment to provide us feedback on this session, please email prudential.distribution.team@prudential.co.uk

Complete the form below and we’ll email your CPD confirmation to you. Please use the email address that you would usually use when contacting us.

Ask an expert

Submit your details and your question and one of your Account Managers will be in touch.

Submit a question

Follow us on LinkedIn

Follow us on LinkedIn where you will be the first to see any news, views or support we think matters.

Follow us on LinkedIn
LinkedIn Logo

The information provided is by Prudential Distribution Ltd, and/or M&G Wealth Investments LLP, Investment Funds Direct Limited, Prudential International Assurance and/or The Prudential Assurance Company. 

To understand M&G's business and brands, you can view our Corporate & Regulatory Information.

© M&G 2026