From: john boyle 
Newsgroups: uk.finance uk.legal uk.consultants
Subject: Re: IHT and loans
Date: Sat, 6 Mar 2004 12:08:48 +0000

In message , Robin Graham 
 writes
>> These schemes are of marginal use, in my opinion, and generally only
>> used by salesmen as way of selling a with profit profits bond.
>
>Do they have to be only with-profits? Why not-unit linked?

They can be, Its just that IME many existing gift & loan schemes appear 
to have been used merely as a way of selling a with profits bond which, 
as you know, is the only form of investment some Financial Advisers use 
(apart from £7k into an ISA).
-- 
John Boyle