Offshore Portfolio Bond
Offshore Portfolio Bond
The Offshore Portfolio Bond (the “Bond”) is a series of single premium whole of life assurance policies.
Your premium will be invested in the available funds selected by you in the application form or by your appointed Investment Manager, from time to time.
The bond aims to:
- To provide you with the opportunity to achieve tax efficient capital growth over the medium to long-term through investment into a choice of fund options.
- To provide you with reasonable access to your investment at anytime.
Basic Features
| Investments | Collectives/UK Assets |
| Withdrawals | Yes - GBP1,000 min, Subject to minimum policy value GBP10,000 regular withdrawals applied |
| Death Benefit | Surrender Value + GBP100 |
| Surrender | Yes |
| Assignments | Yes - individual policies |
| Additional Charges | Investment Adviser (undefined) |
| Policy Currency | GBP |
| Adviser assigned | Combination of broker, self advised and advisor (ongoing advisor charges applied) |
| Segments | No segmentation rules applied |
| Charges | Charges will be deducted quarterly on policy anniversary based on the policy value. |