Certain insurance and investment products such as retirement annuities and endowments and unit trusts receive favorable tax treatment and are ideal long and medium-term savings vehicles. Savings for children’s education, alteration to your home or that dream holiday. Investments range from local based investments to offshore products. These investments are also administrated by FSB approved life and investment companies.
- Endowment policies are tax-free investments paid out after a 5 or 10 year term.
- Unit trusts are investments linked to the different sectors of the market. They pay clients in dividends or interest.
- Plans include lump sum and monthly investments.