This article will save expatriates thousands of pounds, help you avoid high charges, and increase your investment returns.
Overseas you will be sold bonds, bonds in investment bonds, bonds in pensions, insurance bonds for holding lump sums, and bonds for 5 year investment terms with 5% “tax-free” income withdrawals. You will be sold them because they are (Tick the boxes off as applies) tax efficient, cheap (only 1% charges advertised), come with investment protection, and “free” (you do not have to pay the adviser for advice). They also provide “gross roll up” and provide “tax free income” up to 5% per annum and sometimes higher.
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