Winterthur is moving into the offshore market with the launch of an investment bond and discounted gift scheme.
Provided by Axa Isle of Man, the new Winterthur International business is offering a unit-linked single premium investment bond for life or capital redemption to be available with a range of trusts.
The company is also launching a discounted Gift Scheme available with a choice of bare or discretionary trusts.
It says proposed changes in the pre-Budget report have “created some uncertainty”, but it believes offshore products can still play an important role.
AXA & Winterthur Wealth Management sales & marketing managing director David Thompson says: “The Winterthur International Investment Bond will be backed by a strong technology offering and the Tailored Selection and Elite fund of fund investment ranges.”
“It also reflects many of the successful features of the Winterthur Onshore Bond such as Flexible Adviser Remuneration, drip feeding and portfolio rebalancing. The entry into the offshore market will be supported by our strong onshore distribution proposition, coupled with the award winning AXA Isle of Man capabilities.”