NS&I GEB Issue 9

They're consistently the best deal there is imo. Some previous comment here . The certainly beat the hell out of the average life assurers offering.

I suspect they're not talked about in the media as much as other products because the IFAs don't market them because they don't get commission, which is why they're better value for money.

Daytona

In message , Daytona writes

But unlike life assurance bonds, with their special tax treatment, the NS 'Bonds' pay five years accumulated gross interest in one go into an income taxable environment and could easily knock lower tax payers into higher bands and pensioners into losing/reducing their age allowances. Also Life Bonds are disregarded as assets when assessing care home fee assistance

Don't you just pay the extra tax on the amount in the higher band though? If you were £4000 below a limit and you were pushed £1000 above it, wouldn't you pay the higher rate of tax on just that £1000?

I'm not that old! Cheeky young whippersnapper!

In message , Fred Bloggs writes

Yes, but if the interest was paid annually then you would avoid that bit of extra tax.

Young? You flatter me ! :-)