The Costs and Bonus of the HSBC Pulsar ILP Structure – Framed the Sensible Way.

Someone in my community was saying the HSBC Pulsar is a crap Investment-linked Policy (ILP). I thought it is good to take a look at how the structure will look like. While I don’t recommend you to invest through such an ILP structure, I do think that folks look at ILP the wrong way as well. Some automatically default to saying it is not good… because everyone say it is not good. Perhaps sometimes it is good to have some good reasoning behind it. I managed to take a look at an old Pulsar Product Summary which will give information about the structure. While there are usually protection elements in an ILP, the primary objective is for investment. And usually for investment, we are looking for a longer investment timeframe. I don’t think is fair that if the alternative is to invest in a Vanguard FTSE All-World UCITS ETF (VWRA)…