At present platforms cannot cope well with some of the older investment plans and the only option would be to surrender the plan which might not be in a client's interests.

Some clients hold very large amounts on deposit and these are best spread amongst different banks and building societies. While platforms can hold a wide range of products, someone holding a structured product for six years may feel there is no benefit in holding this on a platform given the platform charges.

The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. Investing in shares should be regarded as a long-term investment and should fit in with your overall attitude to risk and financial circumstances. The value of tax reliefs depends on your individual circumstances. Tax laws can change. The FCA does not regulate tax advice.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.