0207 920 7520
0207 920 7520
Capital Investment bonds are designed to give capital growth and/or income over the medium to long term with access to your money by taking regular or one off withdrawals. Most bonds are designed for investment over at least five years. If you cash in your investment before that time, you are likely to be charged an early-surrender penalty.
Bonds are set up through insurance companies without the need for a check on your health status. Bonds can be opened onshore (within the UK) or offshore to take advantage of tax concessions. The decision will depend on your personal tax situation.
There are no maximum limits to invest, but barriers to entry can start higher than other investments, with a £15,000 entry point being not untypical.
Drawing down income from a capital investment bond can be an option, though obviously any income drawn down will deplete the original capital if the amount withdrawn exceeds the capital growth of the bond. You may be able, depending on the policy, to make additional payments to the bond at any time, as well as one-off withdrawals. With a capital investment bond an investor could make a profit from stock market upturns.
Capital investment bonds have management charges and these vary. They are usually levied as an annual fund charge or even as an initial charge and early encashment charge.
THE VALUE OF INVESTMENTS AND THE INCOME FROM THEM MAY GO DOWN. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED. TAX PLANNING ADVICE ISN’T REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.
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Forum Wealth Management
46 Aldgate High Street
4th floor
Aldgate
City of London
EC3N1AL
T: 0207 920 7520
F: 0207 920 7521
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Forum Wealth Management Limited is an appointed representative of Sense Network Limited which is authorised and regulated by the Financial Conduct Authority. Sense Network Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 465124.
Registered Office: 46 Aldgate High Street, City of London, EC3N 1AL. Registered Number 4812359. Directors J. St. G. Downe, I. P. Wilson.
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