Prudential International has introduced a range of enhancements to its flagship investment bond with the aim of attaining a 'top three' market position.
Following extensive marketplace research with intermediaries, the International Prudence portfolio bond has introduced a new cash account facility and removed the capital redemption option for corporate investors as well as a mandatory requirement to hold 5% of the investment in a sterling deposit fund and added a flexible commission structures for advisers. Prudential International say it has replaced the previously obligatory 5% investment in a sterling deposit fund, which covered charges and withdrawals, with a new cash account facility to make it easier for advisers to manage their cli...
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