In the second of a series of post-Autumn Statement technical articles, Les Cameron looks at en vogue bonds – but also questions if they have ever been out of favour…
As the consequences of the Autumn Statement bed in, one of the themes I have been hearing is that "bonds are back". But have they actually ever been away? Insurance bonds have long since been a part of mainstream financial planning. As has the world of open-ended investment companies (OEIC). Some investments, smoothed funds being the prime example, can only be held in a tax wrapper. But in this age of open architecture tax wrappers, where the necessary investment is often available both inside and outside a tax wrapper, the use of bonds is predominately a tax-led decision. I'll assume...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes