Zurich adds fourth investment bond

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 quote...