Sterling, part of the Zurich Group, is making enhancements to its unit-linked Investment Bond.
In addition to being distributed by advisers, the new offering, which is available from 6 April, will also be available through the Zurich Advice network (soon to be branded Openwork).
Improvements to the fund include improved commission flexibility for all intermediaries, an Underwritten Discounted Gift Trust facility to help inheritance tax planning and a Death Benefit Guarantee available across the range.
There will also be the addition of 10 funds, which are suitable for a variety of risk profiles. The funds added are the Fidelity European, Norwich Property Trust, JPMF Natural Resources, Invesco Perpetual Income Fund, Invesco Perpetual Corporate Bond, Merrill Lynch UK Dynamic, Liontrust Distribution Fund, Gartmore China Opportunities, SG Sterling fund and Cazenove Growth and Income fund.
With over £1bn invested in the fund in 2004, the total funds under management are now £2bn since the launch of the bond in 1998.
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