National Savings & Investments products may not have the higher risk and reward profile of equity in...
National Savings & Investments products may not have the higher risk and reward profile of equity investments but they still have a valuable role to play in client portfolios. The fact many of its products pay out gross is of benefit to those who are non-tax payers but even higher rate tax-payers can benefit from using National Savings products in a tax efficient way. Premium bonds may look more like an excuse for a flutter than a serious investment but winnings are tax free, a valuable benefit to those used to paying 40% tax, and the chances of winning a prize are not negligible. One o...
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