Bond Assignment: Onshore vs Offshore Explained Simply

Assigning bonds can feel complex, but it doesn’t need to be. In this session, Paul breaks down how onshore and offshore bond assignments work, why no tax is triggered when you assign an onshore bond with no money changing hands, and how future tax liability shifts to the new owner. He also covers assignments to spouses, adult children and even grandchildren — and where inheritance tax exemptions apply, especially around maintenance and education. Then Paul moves on to offshore bonds and shows how segmentation allows assignments year by year, often used for university fees and other planned withdrawals. Simple, practical explanations to help you understand how assignment works across different scenarios. Subscribe for more clear, exam‑friendly DipFA insights from Paul. #DipFA #financialadvice #onshorebonds #offshorebonds #bondassignment #taxplanning #paularcher