The temptation for many investors when tax planning is to react to a high profile advertisement or media article for a particular tax saving product. I always advise looking at all the options together then prioritising on the basis of (a) whether they may or will need to draw down income or capital, (b) their tax position and (c) the level of risk they are prepared to accept. Also read the small print, understand the total annual running costs and seek expert independent advice for further clarity and guidance.