Fund management boutique Scottish Value Management is expanding its retail business in its first link up with a life office.
The Edinburgh-based investment house has linked up with Albany International and is in talks with two other life offices for similar arrangements.
The Albany International Individual Investment Bond is an off-shore bond available to UK investors. Initial commission for IFAs is up to 7 per cent. Renewal commission is 1 per cent.
The new fund has access to two of SVM's Dublin-based funds its European Growth and UK Growth.
Since their launch in August 1993, the SVM's UK and European Growth funds have returned 212 per cent and 311 per cent respectively.