Crying out for a simple product

clock

You only have to look at the figures relating to insurance bond sales to realise the effect that the recent tax changes have had on the market.

Bond sales are down, and I believe this is predominantly due to the change in tax rules that have put these products at a disadvantage to collectives. Historically it was claimed that bonds were sold because of the commission rates, isn’t it interesting to see how quiet these critics have been now that bond sales have declined? In these days off levelled commissions and CAR there is no evidence that a bias remains to bonds. But, it should be remembered that bonds held appeal, many investors like them because they were simple products, that generated simple income payments, and often gave ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read
Four key questions to guide informed investment decisions

Four key questions to guide informed investment decisions

Does the story make sense?

Gabriel Sacks
clock 12 June 2025 • 4 min read
Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read