The Hartford has extended its capital protection SafetyNet feature to encompass individual funds through its Gold investment bond. This means advisers can now build their own bespoke investment portfolios or combine the individual self-select funds with The Hartford Gold pre-set portfolios - Income, Rising Income, Cautious, Growth and Adventurous Growth - and protect them using SafetyNet.
A capital protection feature, SafetyNet safeguards the original investment and locks in gains generated by the investment bond's underlying investments, up to a maximum of 10% on an annual basis.
According to John Enos, managing director marketing for Hartford Life, the enhancements allow advisers to pick a tailored portfolio made up of leading funds and managers such as Neil Woodford, Alastair Mundy and Andy Brough.
For the first time advisers can also provide guarantees on these tailored portfolios for the more cautious investors. Advisers are able to allocate up to 75% into equities and 20% into property and still secure the SafetyNet guarantee.
The group has also increased the initial premium for Hartford Gold from £5,000 to £10,000.
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