Single Premium investment bonds issued by UK life assurance companies are still very popular amoungst UK investors. Why?
Single premium bonds are a simple tax efficient investment vehicle that can efficiently hold a very wide range of investment funds. Being the most popular investment vehicle means that competition is steep which leads to very competitive charges however, beware of insurance companies paying introducers (especially banks) very high rates of commission. When commissions are reasonable (we receive no more than 3%) then investment bonds offer very good value for money. If however, you see your bank (or other adviser) taking as much as 7% up-front, you are being ripped off.
For a fair quote and good value for money, Contact Us or use the Enquiry Form.
Never buy an investment bond on the strength of a single fund. A good bond will offer a wide range of funds and funds from a wide range of fund managers. The days of single manager bonds are passed and you should expect your investment bond to be a platform for as wide a range as possible.
We recommend avoiding "funds of funds" that are often poor value for money and a cop-out for the adviser. We will always recommend a portfolio that is tailored to your attitude to risk and objectives and construct that portfolio after carefully researching from a wide range of funds.
To find out more please Contact Us or use the Enquiry Form.