AIG is best buy in competitive market

AIG is offering the best buy on guaranteed income bonds, according to market specialist Baronworth Investment Services. The best on offer it has found is AIG's four year bond, providing 5.31% per annum after basic rate tax, equivalent to 6.64% gross per annum, on investments above £40,000. Colin Jackson, director of Baronsworth, said the guaranteed monthly and annual income bonds market is becoming increasingly competitive as providers strive to entice those investors wanting to avoid stock market volatility, but gain better returns than those offered by building societies. The price...