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