SLIL to provide FundsNetwork's offshore bond

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Fidelity FundsNetwork has teamed up with Standard Life International to introduce an international offshore bond onto its platform from April.

It says the new product, the International Portfolio (offshore) Bond, will complement its existing investment bond and self-invested personal pension (Sipp) wrappers, and will allow advisers to invest money in more than 1,000 mutual funds from 55 providers. The move follows the fund supermarket’s decision last week to enter into the trust and estate planning arena by making three new bare and discretionary trust options available on its platform. David Dalton-Brown, head of FundsNetwork, argues having onshore, offshore and pension wrappers alongside the new trust proposition means the c...

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