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Standard Intl sets up first offshore bond

Standard Life International is offering its first offshore bond.

There is a choice of 46 funds from a range of companies. The bond is being marketed at clients looking either to move abroad, reduce IHT liabilities or seeking alternative pension provision. It will also be marketed alongside the firm’s discounted gift plan as an IHT planning tool. Minimum lump sum is 20,000 or 50,000 if you select the combined option with the discounted gift plan.

Standard is also releasing a corporate version of its bond,aimed at small and med- ium-sized firms.

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