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Unregistered said:It's just lately that I realised that fund that I invested in was sold to me in the guise of a Life assurance policy.
Sorry, there is everything nefarious about this. These products are far more naturally unit trusts or some other such pure investment vehicle. The historic reason that they are couched as life assurance on the basis of some token life cover is precisely to keep them confidential from Revenue.ClubMan said:Most, if not all, indirect equity investment (e.g. unit linked funds, tracker funds, UCITS, With Profits funds, tracker bonds (?) etc.) are ultimately structured as life assurace policies. There is nothing nefarious about this... and,
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