Norwich Union International Limited, Norwich Union's offshore company, located in Dublin, has announced a new range of Trusts for the offshore investment market. With a total of ten Trusts Norwich Union's range is now the most comprehensive in this market.
Norwich Union International Limited, Norwich Union's offshore company, located in Dublin, has announced a new range of Trusts for the offshore investment market. With a total of ten Trusts Norwich Union's range is now the most comprehensive in this market.
Paul Shirley, Marketing Director, said: "With the increasing average wealth of offshore investors, we felt there was a pressing need to offer investors another means of tax efficient wealth management. Our Trust solutions have been specifically designed to answer particular tax planning needs. By writing one of our bonds in Trust, clients can benefit from an enhanced level of tax planning, not just for Inheritance tax and Probate issues, but also for Income tax planning."
The new range of Trusts was launched at a series of road shows for IFAs over the last few months. Special sales literature has also been developed to take IFAs and Investors, step-by-step through each individual Trust. A simple illustrative 'Decision Tree' also helps to demystify the Trust selection process, while a Trusts Matrix makes light work of comparing the features and applications of each.
For further information
Norwich Union International
Mike Gogan 00 353 (0) 1 802 8415
Financial Dynamics
Andrew Waterworth 020 7269 7127
Emma Reed 020 7269 7249
Notes to Editors:
The range of Trusts:
Gift Trust
Loan Trust
Capital Trust
Wealth Preservation Trust
Probate Trust
Excluded Property Trust
Nil-Rate Band Management Trust
Discounted Gift Trust
Discretionary Will Trust (support pack)
Variation Trust (support information)