Friends Prov in 100-fund bond launch

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FRIENDS Provident has launched its Wealth Solutions Bond, a flexible lump sum investment vehicle offering access to more than 100 funds in a variety of classes, including 11 ethical funds.

The bond is targeted at investors aged between 18 and 89, with a minimum of £10,000 to invest. The bond is also available to those aged 18-84 with £50,000 to invest and who wish to mitigate inheritance tax. In this case, the Discounted Gift Plan version provides a tax efficient vehicle. The special offer launch promotion, applicable until June 30, 2008, offers an additional 0.5pc allocation rate, while a 2.2pc loyalty bonus will be paid to investors after 10 years. Christine Foyster, head of wealth management marketing at Friends Provident, said: “The Wealth Solutions Bond has been ...

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