Paul

I invested a substantial amount with Abbey Financial Services (as it was called in 2015). For me it stagnated - any profits being creamed off by 'fees'. I returned to UK in year 7 and have now been hit by a punitive tax demand from HMRC. Seems that the wrapper I had been advised to use falls under the category of 'Personal Portfolio Bonds' which HMRC assume 15% growth annually and tax accordingly while UK resident. This PPB works when overseas but at no time did AWM advise me to change anything when I came back to live in UK.
So not only have I made no return on my investment of 7 years but now face a tax bill of £15K!
What exactly was the advice I have been paying for?