AJ Bell teams up with Standard Life to launch offshore bond

The Standard Life International Bond is available to advisers using AJ Bell Investcentre, via a general investment account (GIA). AJ Bell said the product provides an open architecture structure and wrapper that allows tax efficient growth, and enables greater control over tax planning and reporting. The bond can be used as part of a range of estate and tax planning tools, including other offshore bonds, an onshore bond and trusts. Offshore bonds help with tax planning and investment strategy by allowing annual tax-deferred withdrawals of 5% of the total amount paid into the bond. ...