Axa has launched an adviser sales toolkit to help investors who are considering opting for onshore and offshore bonds.
The toolkit has been designed in the wake of the Budget to help advisers understand what advice to offer their clients. It examines the new tax treatment of bonds and their IHT planning and trust benefits.
Axa Wealth Management head of development Mark Wilkinson says: “The change to CGT does not create a massive disparity between the different investment wrappers, but it does mean that the comparison of tax treatment will become more complex and time consuming.
“AXA believes there are still considerable advantages for bonds in a number of scenarios and for basic rate taxpayers in particular bonds are still highly tax efficient. The new range of bond sales tools will help advisers give the right advice to investors, and to support the benefits of consumers having choice in the investment vehicles available to them.”