Zurich adds fourth investment bond

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ZURICH has rolled out a fourth version of its Sterling Investment Bond to allow advisers additional flexibility in their pricing structures.

The new flexible version completes the range and will sit alongside the existing three charging structures; the High Allocation, Standard and No Exit Penalty versions. With no commission built into the base structure, the product is targeted at fee-charging IFAs. Once the IFA has negotiated commission levels with the customer, these can be paid for by initial charge, establishment charge or fund-based charge. The flexible version will start at 100pc allocation and a tiered, fund-based charge starting at 0.225pc. Zurich has updated its extranet to enable advisers to request quotes and ap...

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