International Wealth Management Bond
International Wealth Management Bond
The International Wealth Management Bond is an offshore insurance bond consisting of a series of single premium unit-linked whole of life policies. The Bond will be divided into identical individual policies of the same amount and is denominated in Sterling.
The premium will be invested in the assets selected by the chosen Investment Manager, including private company shares
The bond aims to:
- To provide capital growth over the medium to long- term.
- To provide the option to take the proceeds of sequential maturing policies from the Bond and the option to extend the maturity dates of those policies.
- To provide a sum assured payable on the death of the life assured.
- To reduce potential inheritance tax liabilities.
Basic Features
| Investments | Private Companies, Open Architecture, Discretionary Manager, Investment Adviser |
| Withdrawals | Yes - subject to minimum policy value |
| Death Benefit | Surrender Value |
| Surrender | Yes |
| Assignments | Yes |
| Additional Charges | Investment Adviser |
| Additional notes | Minimum fixed admin charges variable at policy level. Some policies contain loans |
| Segments | No segmentation rules applied. |
| Policy Currency | GPB and USD |
| Adviser assigned | Self Advised |
Some policies contain loans