Where have all the attractive investment propositions gone?

tax

It is becoming increasingly difficult to hold investments in income tax efficient ways so advisers should look to add value by mitigating capital gains tax and inheritance tax

Have you ever wondered where the concept of qualifying and non-qualifying life assurance policies came from? One of the biggest contributory factors was the creation of the concept of life assurance single premium investment bonds in the 1960s. At that time, the revenue was taken off guard and totally confused by this new concept, so much so that initially they granted life assurance premium relief on the lump sum contributions. This led to a structural change in the way that life assurance products were treated, depending on their status, and from a taxation point of view, things have not ...