Investment Bonds / Unit Trusts / ISAs etc....

Avro1995

Hi all,

I know i can speak to an IFA but I just want to broaden my knowledge.

I want to know when are the usual scenarios where it is most likely to be a appropriate to be investing in 1) Investment bonds 2) Unit Trusts/OEICs 3) ISAs

I know there will be nuanced approaches and hard to say without details but there must be some sort of 'model scenarios' where either/or is more useful than the other, especially over regular bank account whether they pay high interest like now or low like they may go back to in the future. 

Any information appreciated. 

ColdIron

What do you mean by "Investment bonds"? They can come in many forms. Do you mean a single premium ‘life insurance’ policy?

ISAs and OEICs are not exclusive. You can have one, the other, both or neither. You are comparing a petrol tank and petrol or a shopping trolley and food

eskbanker

Not sure where you've plucked those three things from, but if you're looking to learn about investing then I'd suggest reading up on a range of introductory sites such as:
https://www.moneysavingexpert.com/savings/investment-beginners/
https://www.moneyhelper.org.uk/en/savings/investing/investing-beginners-guide
https://www.hl.co.uk/beginners-guides/investing
http://www.monevator.com
http://kroijer.com/
http://diyinvestoruk.blogspot.com/
https://www.ifa.com/indexfundsthemovie/

The best approach will generally be to define the problem before looking for solutions, i.e. why are you considering investing, over what timeframe, what's your attitude to risk, what other assets do you have, what are the rest of your financial circumstances, etc, etc?

Linton

1) Standard "Investment bonds" are pretty much irrelevent these days since S&S ISAs do a better job. Asd I undrestand it hey are packaged as life insurance to get tax benefits but the amount paid out on death is minimal.

Old investment bonds can be very good, new ones less so.

2) OEICs/Unit Trusts are investment funds that can be put into S&S ISAs, pensions, or held outside any tax shelter.  Or are you talking about cash ISAs?

dunstonh

I want to know when are the usual scenarios where it is most likely to be a appropriate to be investing in 1) Investment bonds 2) Unit Trusts/OEICs 3) ISAs

That would a wall of text that I think anyone would be unwilling to type.  There are so many different scenarios.

1) Standard "Investment bonds" are pretty much irrelevent these days since S&S ISAs do a better job. Asd I undrestand it hey are packaged as life insurance to get tax benefits but the amount paid out on death is minimal.

They never went away for trusts but certainly, everyone else saw them drop down the pecking order when dividend and CGT allowances were more favourable.     However, offshore bonds are coming back into play again.  Onshore are still largely pointless.