Clerical Med introduces new offshore bond charge structures

On the back of adviser demand, the bond will now offer tiered and enhanced allocation charging options. The provider designed the tiered option for clients who like the freedom of no early encashment charges or who want to spread the cost of any initial commission over the first three years of the investment. Clerical Medical says it will prove particularly attractive to SIPP investors looking to broaden their investment range. Meanwhile, the enhanced allocation structure suits clients who want an immediate increase in their investment’s value. It has a 107% standard allocation rate, re...