New product for wealthy investors

 

NEW PRODUCT FOR WEALTHY INVESTORS
Article date: 05/10/2005 : 17:12:41

UK investors now have wider choice with the news that Friends Provident International has added a new regular premium savings plan to its product portfolio.

The new plan, Premium Ultra, is geared towards the wealthier investor. The latest addition to the Provident's offshore range offers a range of flexible benefits.

Premium Ultra investors receive up to 150 per cent allocation over the initial 18-month period with the minimum allocation standing at $1,500 a month.

Director of international operations Paul Tunnicliffe explained: "This is a valuable addition to our offshore range. One of the crucial features with Premier Ultra is being able to offer a 150 per cent allocation rate – this is something that proves we have gone one step further to move our product range forward to meet the core needs of investors and their advisers."

The product also offers a high level of protection with additional life cover on one of two lives.
 
 
RELATED ARTICLES
  • New online account from Newcastle Building Society
    The NewcastleNet (Issue 4) online instant access savings account from Newcastle Building Society will be available from tomorrow.
  • New savings account from L&C Investments
    L&C Investments has tried to attract customers to its new savings account by offering an initial 5.15 per cent gross interest rate (4.95 per cent AER).
  • Majority missing out on cash ISA benefits
    A report has warned British taxpayers that they are potentially missing out on billions of pounds of tax free savings by not having a cash ISA.
  • 12k price tag for happiness
    The average Brit needs to earn around £12,000 a year extra to reach financial contentment, a new study has revealed.
  • Building society to help long-term savers
    West Bromwich Building Society will change their savings account system next month to reward long-standing customers and close outdated accounts.
  • Building society to help long-term savers
    West Bromwich Building Society will change their savings account system next month to reward long-standing customers and close outdated accounts.
  • Major increase in savings and investments online
    The National Savings and Investments (NS&I) website received a record £117 million from the public in August for its products.
    		•