L&G adds charging options to Portfolio Bond

The new options, which will be introduced on 21 July, also include a choice of tax efficient regular withdrawal options as well as a choice of trust options. The product, which was initially launched in 2005, is available to all advisers, both direct to Legal & General and on platform through Cofunds. Andy McKinnon, director of individual wealth products at L&G, says: “Bonds are a key financial planning tool. “We’ve extended our fund choice and customers can now invest in up to 50 funds within the bond and switch between funds free of charge at any time, and without any liability to C...