Zurich launches offshore bond

clock

Zurich has unveiled an International Portfolio Bond (IPB) targeting high net worth UK residents.

Produced and underwritten by Zurich's Irish business, Eagle Star Life Assurance Company, the proposition allows more flexibility than offshore bonds, according to the firm. IPB has access to over 1,500 funds, a range of offshore bank deposit accounts, a discretionary management facility and flexible options available for withdrawals and payments, at launch. It is also available as a capital redemption plan with a death benefit guarantee, plus access to a range of trusts for IHT planning. The firm believes its proposition will attract SIPP trustees and international investors as well a...

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 Offshore Investment

New awards will celebrate excellence in Channel Islands financial services

Entries now open - deadline for submissions 8 June 2016

Professional Adviser
clock 17 March 2016 • 1 min read

Who won at the International Fund & Product Awards 2015?

Canada Life International, Schroders, and Old Mutual International among winners

Professional Adviser
clock 08 October 2015 •

Revealed: Winners of the 2015 Fund Services Awards

Firms offering services to asset managers honored at gala dinner

Professional Adviser
clock 08 October 2015 •