Zurich's Sterling joins factory gate parade

The company has introduced a new flexible version of its investment bond, “designed to allow flexible customer agreed remuneration”. Zurich already offers factory gate models across its entire pre and post retirement pensions offerings. Prudential launched a similar product a fortnight ago while Winterthur – formerly Provident Life – has used a factory gate system on its pension products since 1992. Clerical Medical is also in the factory gate arena. Sterling’s new version will sit alongside the existing three charging structures of the bond - High Allocation, Standard and No Exit penalt...