FundsNetwork offers tax wrapper analyser to IFAs

The tool is designed to assist the recommendation process by allowing the adviser to run various investment scenarios based on user defined inputs. Differing taxations of a mutual fund, onshore bond and offshore bond are built into the tool, which gives the adviser the information necessary to establish which wrapper potentially works best in each scenario, FundsNetwork claims. Its launch follows a FundsNetwork survey, which suggests 99% of advisers believe understanding tax wrapper allocation and the appropriate use of insurance bonds and mutual funds is essential to providing proper i...