The accounts in Swiss banks will be taxed at between 19% and 34% by the Swiss authorities on the principal sum, depending on how long the account has been running.

BBC: MEPs: Investigate UK-Swiss tax agreement

True, more folks are running to financial planners these days, driven there by the fear that the large lump sum they got from the company pension plan may not last through their retirement, or by a sense that they haven't the time and knowledge to tend to their growing assets themselves.

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