Diversified Investment/insurance bonds e.g. Generation Life

Hi Pearlers, Does anyone have much experience with diversified investment/insurance bonds such as Generation Life’s Vanguard high growth portfolio? I just want to understand the pros and cons associated with investing and through this mechanism rather than say directly through VDHG ETF. I understand that with investment bonds that you only pay a flat 30% tax rate and no capital gains if held for 10 years. I’ve heard something about being able to offset capital losses but don’t quite understand. Also, I’m concerned that the fees negate the potential tax benefits. Any information would be great appreciated!! ☺️

Kathleen Harvey

Asked on 18 June 2023

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