Axa relaunches estate planning bond with guarantees

After the changes to the IHT treatment of trusts announced in the March Budget, Axa has followed the launch of its two latest trust options with an IHT planning product which it says offers guarantees, provided by Axa Sun Life, against poor investment returns, customers’ income in retirement and the amount they leave to beneficiaries. Axa says the estate planning bond is designed for people who want to reduce IHT liability but who still need or want to retain an income from their capital, it involves the use of discounted gift trusts and uses a capital redemption bond rather than a life a...