Company holding an “Investment Bond” originally promoted to it via its bank. The bank no longer provides financial advice or has advisor in house. I understand that this investment may no longer be the best way to hold these funds for accounting / tax purposes. Can anyone provide a steer as to where to next?
Thanks
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Under FRS102 it may no longer be best suited to the company and account reporting to hold an Investment Bond. See:
https://www.frc.org.uk/Our-Work/Codes-Standards/Accounting-and-Reporting...
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