Charging issues: the nitty-gritty of investment bonds

Although product- and provider-facilitated adviser charging for an investment bond is reasonably straightforward, complications can be introduced where the bond is made subject to a trust. The following case study illustrates how both initial and ongoing adviser charges can be collected in this scenario. Case study After the deaths of his parents a couple of years ago, Richard was shocked at the inheritance tax (IHT) bill that had to be settled before their estate could be distributed. This had triggered a review of his own situation, which made him realise that it might be wise ...