Bond outlook good despite CGT changes

The investment bond provider forecast the market should be worth £12bn this year despite claims unit trusts and OEICs will look more favourable following the tax adjustments earlier this year. Metlife argues investment bonds' guarantees gives them an advantage over unit trusts in the current market volatility. Although the 18% flat rate of CGT was deemed to make collective schemes more attractive - particularly for higher-rate taxpayers - MetLife points out prior to this unit trusts benefited from the CGT regime and investment bonds were still successful. The group says investment bo...