Cardif Pinnacle launches flexible bond for corporate clients

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Cardif Pinnacle has adapted its Flexible Asset Bond for the corporate market, offering companies and their advisers an alternative to bank cash deposits.

The firm says recent changes to tax rules have made bonds a viable option for corporates, and believes IFAs can use them as an additional income stream. The retail bond has been adapted for the corporate market, with various commission options to fit in with different adviser business models. Cardif Pinnacle says firms can benefit from higher interest rates compared with bank deposits and receive additional peace of mind due to the actively managed nature of the cash assets. Kathy Byrne, head of group investment business at Cardif Pinnacle, says: "We are providing diversification f...

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