Client needs:
• To create a tax efficient income
• To access parts of their bond for specific purpose
• To mitigate future IHT liabilities
• To make life simple
• Not to worry about financial security
Helping to future proof your client’s financial future
The HSBC Life Onshore Investment Bond can potentially be used to meet the changing financial needs of clients as they progress through life.
Meeting their needs with the HSBC Onshore Investment Bond
Onshore Investment Bonds can supplement pension income and provides estate planning opportunities by placing in Trust.
- 5% tax deferred withdrawals can help clients utilise available basic rate tax band(s) and supplement pension income
- Bond segment surrenders or assignments can be used to assist family members
- Onshore bonds can be placed in trust for IHT planning purposes
- No tax return to complete unless a chargeable event occurs
- Pensions – drawdown can be deferred to help address any short falls – may be more efficient for your clients to use their ISA’s and bonds first
- Tax deferred regular withdrawals can be built up to fund later life fees