Local UK Investment Bonds
Investment bonds are life insurance policies where you invest a lump sum in a variety of available funds. Some investment bonds run for a fixed term, others have no set investment term. Investment bonds can play a huge role in estate and inheritance tax planning. They are also taxed differently to unit trusts and a combination of the two types of investment hold good tax-planning opportunities.
The value of units can fall as well as rise, and you may not get back all of your original investment.