Please list all the products and services that are available either through intermediaries or direct...
Please list all the products and services that are available either through intermediaries or directly to high-net worth clients.
Country-specific portfolio bonds; international investors bond;
regular savings account; a range of internal funds using the multi-manager investment process
In which countries do you have representative offices?
Dublin and South Africa
Into which jurisdictions can you promote your products/services?
Ireland, UK, Channel Islands, Isle of Man, Finland, Sweden, Belgium, Spain, Gibraltar, Cyprus, Italy, Israel and South Africa.
What are your total assets under management and roughly how are they split between your various types of product and service?
b1bn assets under management. Split not available.
How are your clients split geographically?
In order of largest markets: Finland, Italy, Sweden, Spain, Belgium, South Africa and UK.
If you are a subsidiary, has your parent company given any legally-binding promises to protect investors of their international subsidiary in the case of problems?
Has your parent company given any non-legally binding assurances?
What are you plans for future expansion and change over the next 12 months?
Our strategy for the year is to grow distribution agreements with domestic providers in our target markets. We aim to be flexible in product development and proactive in meeting our client's investment needs. European pensions business is an area we will focus on this year, particularly in Swedish market.
History of the international company
ILI is the international insurance arm of the Irish Life & Permanent Group. It was formed in 1994 to focus on the needs of international investors. ILI specialises in providing a range of life insurance and investment solutions through distribution partnerships with financial institutions and broker networks across Europe and South Africa.
Description of the parent company
The Irish Life & Permanent Group has around 1.5 million customer relationships worldwide, funds under management in excess of e17.6bn and approximately e40.5bn in total assets. It is listed on the Dublin and London Stock Exchanges and has a A+ credit rating from Standard & Poors.
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress