Clerical Medical is offering four bond products designed to appeal to particular market segments and give IFAs flexible commission rates.
They are the flexible, with-profits, investment and distribution bonds.
The flexible bond gives investors the choice of the whole range of funds covering unit-linked funds and with-profits. There is a range of charging structures and 12 free fund switches a year.
The with-profits bond is designed to be clear and simple, with a single annual charge of 1.3 per cent.
The investment bond is a unit-linked investment with an initial charge of 1 per cent and access to a wide range of funds. Investors can make up to 12 free swit ches a year.
The distribution bond has a choice of charging structures and is designed for investors wanting a regular income as well as growth.
Clerical is running a special offer until March 30 on the flexible, with-profits and investment bonds.
The flexible and with-profits bonds will receive an extra 2 per cent allocation rate and the investment bond an extra 1.5 per cent.
All new bonds have a top-up facility, withdrawal options and commission flexibility.
For example, on the flexible bond, IFAs can choose 4.125 initial commission and 0.25 renewal commission or 0.75 per cent initial and 1 per cent renewal.
Senior sales development executive Richard Edwards says: “We have stripped out the charges on the with-profits bond to make one very simple charge. We are offering ultimate flexibility and value for money, with something to appeal to all clients.”