AIG Life has launched a special rate on its Guaranteed Income Bond offering assured rates of up to 5% AER.
Available though IFAs, the offer has also been opened up to AIG Life's high net worth distribution partners.
With investment terms of between six and 12 months, those investing over £500,000 will receive 5% AER, while investors with between £100,000 and £499,999 will get a return of 4.93% AER. Savers with £25,000 to £99,999 invested will be paid 4.67% AER.
AIG says all rates are gross equivalent for higher rate taxpayers after the deduction of 0.25% commission. Early encashment penalties apply.
"By offering our special rates on the Guaranteed Income Bond through the IFA channel we can use our expertise for the benefit of our affluent clients as well as our high net worth clients," says Mark Hawthorne, sales and marketing director at AIG Life.
For more information, IFAs and wealth advisers can email: [email protected]IFAonline
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