Friends Provident launches Wealth Solutions bond

The bond, which allows customers to make regular withdrawals, requires a minimum investment of £10,000 and offers access to more than 100 funds, including 11 ethical funds. The provider offers a special offer launch extra allocation rate of 0.5% until 30 June 2008 and a 2.2% loyalty bonus paid in year 10. The bond requires a 1.4% establishment charge taken from the bond in each of the first five years. The Friends Wealth Solutions bond also offers investors the option of using the Discounted Gift Plan to simplify inheritance tax (IHT) planning for customers aged between 18 and 84 with ...