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10th October 2020

Prudential New Bond Gain Tool

Prudential’s new Bond Gain Tool launched recently and it kind of does what it says on the tin. You put in details of the bond history and then it lets you model different withdrawal options based on the amount of money to be realised.  

The tool can either be used where the full bond history including segment surrenders are known or where the values are known for the current segments. The tool will not automatically calculate the lowest gain as the lowest gain is not necessarily the most appropriate course of action. Once the gain is known should you need to estimate the tax that will be due on the gain you can use their Tax Relief Modeller.

Try out the Bond Gain Tool here.

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