Scottish Life International is looking to halve the £100,000 minimum investment into its Protec...
Scottish Life International is looking to halve the £100,000 minimum investment into its Protected Investment Management Service (Pims) portfolio bond. This would be accompanied by offering those who invest £50,000 access to a limited range of underlying investment funds available through the bond. Bruce Cargill, regional sales manager at Scottish Life International, confirmed the idea is being reviewed. 'We need to carry out some research but I can see the merits of reducing the minimum investment,' he said. The portfolio bond currently includes access to a range of mult...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes