Flexible Purchased Life Annuity (“FPLA”)
A tax compliant purchased life annuity written on a single or joint life (first or last death) basis targeted at High Net Worth investors where they wish to receive regular tax efficient income, for a fixed period or the annuitant’s life or until the assets have been exhausted, and for the underlying investment capital to be bequeathed potentially free of UK inheritance tax to their beneficiaries.
FPLA Product Summary
FPLA Fair Value Assessment
International Purchased Life Annuity (IPLA”)
A purchased life annuity targeted at international trusts which allow annuities to be purchased on behalf of their clients (‘Annuitants’) for a fixed period or the Annuitant’s life or until the assets within the fund have been exhausted with the annuity payment going directly to their underlying client and for the underlying investment capital to be bequeathed potentially free of UK inheritance tax.
IPLA Product Summary
IPLA Fair Value Assessment
Flexible Income Growth Contract (“FIGC”)
An income growth contract targeted at for SIPPs & SASSs where the trustees wish to acquire a “qualifying pension investment” and the beneficiaries wish to receive regular tax efficient income and for the underlying investment capital to be bequeathed potentially free of UK inheritance tax or unused pension charges.
FIGC Product Summary
FIGC Fair Value Assessment
International Income Growth Contract (“IIGC”)
An income growth contract targeted at Trusts (incl. QROPs) and Foundations where they wish to acquire a ‘suitable and appropriate investment” where the beneficiaries wish to receive a regular tax efficient income and for the underlying investment capital to be potentially free of UK inheritance tax or unused pension charges.
IIGC Product Summary
IIGC Fair Value Assessment
