Anyone can benefit from the greater returns to be derived from offshore investments. In fact, depending on your situation, offshore investing offers you a variety of benefits. The United Kingdom investor protection laws rank as some of the best in the world and the Department of Trade and Industry has granted the islands of Jersey, Guernsey and the Isle of Man 'Designated Territory Status', meaning that they are able to offer equal or better investor protection. They go so far as to offer the best investor protection scheme in the world, providing all policyholders compensation of up to 90% of their investment value in the unlikely event that the Company is unable to meet its liability. The priority system prevents the 'investor compensation scheme' proceeds from being used to meet the claims of any other creditors.

Due to the absence of tax liabilities, the return on investments within offshore locations like the Channel Islands or the Isle of Man will provide a higher return than an equivalent investment held in a conventionally taxed environment.

Regular monthly savings can start from as little as a few hundred dollars. Regular savings are used more commonly for pension plans, major purchases like vehicles, boats, education fees planning or to repay a home loan. The savings plans are taken with the large offshore insurance companies based in jurisdictions such as the Isle of Man, Jersey, Guernsey, Luxembourg or Switzerland. They offer well structured plans and administer the receipt and distribution of your regular savings.

The most recognised names include Friends Provident, Royal London 360 and Generali

A real advantage to saving monthly is that you do not have to concern yourself with market timing or identifying the best moment to commit. During the term of your plan the markets will inevitably go up and down and you will average out their movement. This is referred to as Dollar Cost Averaging. You will accumulate more within your plan when markets are low and then as a sustained recovery takes place all of the investment units you have been accruing will go up in value - in exactly the same way your house or apartment would go up in value during a property rally. In an industry that is becoming more competitive by the week we may be able to offer incentives, since several institutions are looking for larger monthly savings or longer term plans.

Several International plans offer the following benefits in one contract:

Virtually tax free growth offshore

Full and partial encashments are free of Isle of Man tax

Additional contributions may be made at any time

Proceeds can be paid to any location worldwide

An extensive choice of currencies for both contributions and benefits

Supervision and investor protection are assured by the Isle of Man Government or Guernsey, as the case may be.

Access to an extensive and professionally managed choice of investment funds

Competitive charging structures

Trust and trustee facilities available

Enjoy the security of a major international financial institution

Award-winning Managed Funds available

Regular withdrawal facilities.

For every five years you put off saving you double the amount you must save to achieve the same end result.

If you have at least 15 years before you retire you will need to include inflation in your calculations. Long-term inflation continuously reduces the value of money; we can do the maths to keep you on target for your individual goals.

25 years may sound like a long time but it's only 300 paydays to do something about your future.

The advantages of saving offshore are numerous and the actual benefits achievable are accessible by many, as an independent financial adviser Credenda Associates are able to help you find the right offshore saving account for you.