Investment for Income
(NB. This section is based on our understanding of current tax legislation which may be subject to change)
Rensburg Sheppards provides advice on direct equities and collective investment schemes through our various investment services dealt with elsewhere on this site.
There are other forms of investment tailored and designed for those clients looking for ways to support their expenditure in a tax-efficient manner, with a lower volatility that that of direct equity investment.
Rensburg Sheppards will review any existing holdings that clients have within insurance company investment bonds and may make recommendations as to how existing bonds may best be used, or the best place for any new funds to be invested to ensure that an acceptable spread of risk is maintained.
Many higher rate taxpayers are interested in the 5% (based on the initial amount invested) tax deferred income payable from life assurance investment bonds.
A wide range of investments covers Guaranteed Income and Growth Bonds, With Profits, Distribution Bonds, Structured Funds and any Unit Linked Life Funds invested on a similar basis to collective investment schemes across the whole range of sectors and geographical areas.
For those clients who wish to have a coherent approach to their investment and tax-efficient income, both before and after retirement, Rensburg Sheppards provide a full service for investment in the life assurance bond arena.
Those with investments in with-profits funds will have seen returns fall and the asset allocation change dramatically. Rensburg Sheppards will review such holdings and recommend alternatives where appropriate. The facility to take advantage of the investment bond structure whlst having the investments managed by Rensburg Sheppards and having the portfolio sheltered from capital gains tax whilst invested is now available.