Advisers play down bond demise forecasts

In its latest report ‘Unit Linked Bonds in the UK’ Defaqto examines the pressures that are undermining the savings instruments and how they will affect their appeal to investors. It considers the likely impact of the proposed introduction of the 18% flat rate of CGT, the implications of the Retail Distribution Review (RDR), the growing importance of fund supermarkets, and how life companies are likely to react to the growing influence of multi-manager propositions in the consumer investment field. However, while all these influences are likely to cause serious challenges to the life compa...