Advisers review use of insurance bonds

The research also found a third of advisers were prepared to admit that until now they were largely using only insurance bonds for all of their clients. Almost half of advisers intend to review clients with insurance bonds with a view to switching them to mutual funds. Paul Kennedy, head of trusts and tax planning solutions at Fidelity FundsNetwork, said: “It was encouraging to see the survey reveal that 90% of advisers understood that the decision whether to use a life bond or a mutual fund can have a substantial impact on the investor’s ultimate return. “Almost 100% of them recognis...