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Royal Skandia targets corporate market

Royal Skandia is revamping its capital redemption bonds to win more business from the corporate and trustee markets.

The collective redemptive bond has access to a range of internal multi-manager funds as well as other collective investment funds. Using the collective bond Royal Skandia hopes to beef up its presence in the UK.

The executive redemption bond aimed at the offshore market invests in listed shares and fixed interest investments as well as collective investments.

Both bonds have a 99 year term and the guaranteed value at maturity has been increased to double the sum invested.

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