Prudential has launched a discounted gift trust, supported by a series of calculators to help IFAs h...
Prudential has launched a discounted gift trust, supported by a series of calculators to help IFAs highlight the potential tax implications of the product. Richard Leeson, head of international investment at Prudential, said the calculators would allow advisers to show their client the potential tax bill they would face depending on factors such as investment returns, changes to the nil rate band and inflation. The discounted gift trust, targeted at UK domiciled clients, is offered on a discretionary basis only. There are four investment choices, including offshore and onshore bonds, and...
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