Winterthur launches offshore bond and discounted gift scheme

Winterthur says the launches respond to increased competition from boutiques and adviser demand for an offshore tax wrapper. David Thompson, managing director of sales and marketing at Axa and Winterthur, says: “The competitive landscape is changing. As there are new players, the way you develop your products is becoming more important. You can no longer have a product range and sit there; you have to refresh.” The open-ended International Investment bond requires a £50,000 minimum investment and provides access to more than 90 funds, including four managed and six sector funds which make...