These investment bonds
are a great way of generating a tax efficient income in retirement, especially if you have money in pensions and in ISAs as well as a bit of pension income and you are trying to figure out the most efficient way to access the income you need.
The most common form is investment bonds
offered by offshore branches of British life assurance companies via a taxefficient wrapper.
When an investment bond
is held onshore in the United Kingdom it is deemed to have paid 20% income tax even if the plan owner pays less tax.
We encourage local educators and investors to take time to study the idea of social investment bonds
as one possible way to tackle the ever rising costs of special education.
The excess liquidity of the Islamic banks/Islamic branches of conventional Scheduled banks may be invested in the 'Bangladesh Government Islamic Investment Bond
' (Islamic Bond introduced by the Government).
Global Banking News-September 7, 2010--Prudential to sell investment bonds
through Santander(C)2010 ENPublishing - http://www.enpublishing.co.uk
With no pension provision being available to us while living in the UAE apart from an end of service settlement, I have an offshore savings plan along with a number of investment bonds
. It's all been running for a few years and it is doing pretty well.
Its newly launched All-In-1 Investment Bond
provides the opportunity for investors to vary their exposure to the stock market by offering three funds.
With the balance, you could start an investment bond
and withdraw an annual income of five per cent of the initial capital, which could be paid either monthly or annually.
If you feel that the tax implications outweigh the benefits of a share portfolio, you could decide to take advantage of a "Share Exchange" scheme where you give ownership of the shares to a fund manager who credits you with units in an Investment Bond
and avoids stock-broking fees.
"With its market-leading rate of 2.2%, the investment bond
will provide a valuable boost for savers who have been affected by low interest rates."
I have an investment bond
which I have held for 15 years, and I have been advised that the chargeable gain if I surrender it is PS120,000.