Friends Provident launches Wealth Solutions bond

clock

Friends Provident has launched its Friends Wealth Solutions bond as the provider consolidates its wealth management range.

The bond, which allows customers to make regular withdrawals, requires a minimum investment of £10,000 and offers access to more than 100 funds, including 11 ethical funds. The provider offers a special offer launch extra allocation rate of 0.5% until 30 June 2008 and a 2.2% loyalty bonus paid in year 10. The bond requires a 1.4% establishment charge taken from the bond in each of the first five years. The Friends Wealth Solutions bond also offers investors the option of using the Discounted Gift Plan to simplify inheritance tax (IHT) planning for customers aged between 18 and 84 with ...

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

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read
FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read