As taxes are set to increase onshore bonds offer an important tool to protect client wealth against their effects, writes Matthew Morris
The unwinding of most of the former Chancellor's Mini Budget means the expected reductions an individual was going to see in their annual tax burden will not take place for the foreseeable future. So the place of tax-effective wrappers like onshore investment bonds complementing the mainstay wrappers of pensions and ISAs continues to increase in importance when it comes to protecting and growing client wealth. Advisers, more than ever, need to use all tools at their disposal to provide well-balanced income and growth for clients in the current tumultuous climate. Onshore investment bonds...
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