NPI is launching a Portfolio Bond offering a range of ethical funds plus unit linked and with-profits investment options.
The new bond which has no upfront charges, has an annual management charge of between 1 and 1.25 per cent.
The investment options include with-profits, balanced protection, socially responsible and self selector portfolios.
The minimum investment is £10,000 with an allocation rate of 100 per cent, this rate increases to 100.5 per cent for investments of between £25,000 and £49,999 and to 101 per cent for sums over £50,000.
There is a discontinuance charge in the early years of 9 per cent in year one, decreasing by 2 per cent a year to 1 per cent in year five.
Standard IFA commission is 5.25 per cent.