The 2023 report set out to review in depth the role investable capital plays in the fulfilment of financial plans. This year’s report extends that theme and, takes full account of the taxation changes announced in the 30th October 2024 Budget. It also looks more closely at the growing importance and increased role of onshore investment bonds as part of investable capital solutions and focuses throughout on highlighting the opportunities for advisers to deliver great outcomes for UK Investors.
The topics covered include:
A summary of the adviser and consumer research informing the report’s findings
Economic and taxation background to capital investment
Investment choices available through UK Life insurance bonds
UK Life company taxation: the foundation to onshore bond tax efficiency
Onshore bonds for tax effective growth
Onshore bonds for tax effective income
An intergenerational approach to financial planning
The potential use of the onshore bond throughout the financial planning lifetime
Onshore bonds for charities and companies
The taxation of currently available capital investment products