Bond Owner different to Life Assured Considerations
Technical help please!
Joe Bloggs is aged 88, he is therefore too old to be a life assured on a Prudential Investment Plan (Onshore Bond).
I believe that the Joe could still be the owner as there appears to be no age limit on ownership, and could use someone under 85 as the life assured.
Could anyone please let me know what considerations to look out for where owner and life assured are not the same on an Onshore Bond.