Skandia is to relaunch and restructure its entire onshore bond range as MultiBond on 12 November 200...
Skandia is to relaunch and restructure its entire onshore bond range as MultiBond on 12 November 2001.
This will bring the range in line with the group's MultISA, MultiPEP, MultiFUND and MultiPension products. The range includes the Skandia Investment, Skandia Capital and Income, Skandia Distribution and Skandia High Investment bonds.
As part of the relaunch, the group will offer life cover to bond investors.
Investors can opt to take cover of up to 125% of their investment with simplified underwriting, which means answering one health question and one smoking question. A client with an investment of £100,000 can have life cover up to £125,000 on their bond.
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation