Royal London-owned wrap Ascentric has launched an offshore bond for clients seeking the tax benefits of investing offshore.
The Ascentric Offshore Bond, administered by Royal London 360°, offers a tax-efficient way for financial advisers to help clients build a personalised and flexible investment portfolio in an offshore environment, said the wrap. It added the bond is designed to offer a "seamless investment experience" for advisers and clients by combining the technical know-how of Isle of Man-based Royal London 360° with Ascentric's online functionality. A number of Royal London 360°'s trusts will be able to be used with the product. The bond, which complements the four offshore bonds already availa...
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