Surrenda-link plan will invest in Teps

Professional Adviser
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product launch

Surrenda-link is offering a sterling-based, tax-efficient, income-generating product for high net worth individuals. The Tailored Income Plan invests in Traded Endowment Policies (Teps) with a minimum investment of £50,000. In addition to the capital invested investors can buy more Teps through a loan. The original portfolio of policies is used as collateral, based upon the surrender values of the Teps within the portfolio. The scheme distributes income annually, drawing initially on the loan agreement and in the later years, proceeds from maturing policies. Any realised capital gain...

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