Winterthur is venturing into the offshore market with an investment bond and discounted gift scheme.
It says pre-Budget report proposals created uncertainty but it believes offshore products are becoming a core part of financial planning. Operating from Axa Isle of Man, the new Winterthur International business is offering a unit-linked single-premium investment bond for life or capital redemption with a range of trusts. It is also introducing a discounted gift scheme with a choice of bare or discretionary trusts.
Axa Isle of Man chief executive Kevin Dean says: “Axa has been operating here for 16 years and we have a well established infrastructure and expertise in providing offshore solutions for the UK market.”