Lif Assured Bond for an 84 year old?

Malthusian

"The majority of people who would save tax are imaginary creations for sales aids" is my way of saying "niche option". I didn't say none of them existed.:)

The set of circumstances which results in an insurance bond becoming a good option is so specific that it usually appears in sales aids rather than real life - although high net worth people to whom they do apply certainly exist.

SonOf wrote:

For tied sales reps, putting it into a bond can prevent an IFA from taking over the business in future. We cannot possibly say that is the case here [...]

I can. It's SJP so it's been recommended as a tax ball and chain until proven otherwise. There are too many unconnected reports of SJP advisers recommending insurance bonds for no good reason for it to be dismissed as a few rogues.

AnotherJoe

Make of this story from today what you will regards SJP's competence with tax avoidance
https://www.telegraph.co.uk/business/2019/11/13/former-footballers-sue-st-jamess-place-film-investment-tax-dodge/