Task1. ‘A pension fund is an arrangement under which an organization makes financial provisions for its employees as well as its senior executives.’
Question1. What are the roles of the various parties involved in an offshore pension fund?
Question2. What are the possible advantages of an offshore pension fund?
Task2. ‘A captive insurance company is a corporate entity, which is created and controlled by a parent company, a professional association or a group of businesses.’
Question1. Discuss the purposes of a captive insurance company.
Question2. Differentiate between the possible advantages and disadvantages of an offshore captive insurance company.
Question3. Elaborate on the regulation and supervision of an offshore captive insurance company.