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Throughout the 1990’s, With Profit Bonds were very popular investment vehicles, until the unprecedented stock market falls which coincided with the turn of the millennium. Since then the returns from some With Profit Bonds have been very disappointing and this, combined with media reports predicting the end of With Profits as a viable investment vehicle, has led many investors to consider encashing their bond. If your returns have dropped to an unacceptable level, then it is easy to consider encashing, however, these Bonds can be subject to early withdrawal penalties and Market Value Reductions (MVR's) and it is therefore vital to consider a number of different factors when deciding what to do with your investment. The Reader's Digest With Profit Bond Review Service, provided by Skipton Financial Services Limited, is fee-free and will help you to identify any issues you should consider before encashing. They will take you through the advantages and disadvantages of keeping your bonds and help you to determine what your next steps, if any, should be. *Calls may be monitered for quality and training purposes |
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