Investment - Articles - L&G offshore bond announces 7IM as distribution partner


Legal & General offshore bond announces 7IM as a new platform distribution partner

 Legal & General International (Ireland) has announced that customers who wish to invest in an International Portfolio Bond will now be able to hold their investments on the Seven Investment Management Platform.

 7IM is recognised as one of the industry's innovators in the provision of investment services and developed one of the first wrap platforms in the UK. 

 Tom Sheridan, CEO Seven investment Management said: "We have seen strong demand from advisers for in specie transfers into offshore bonds in recent months as it makes sense for clients. We are pleased to be working with Legal & General in this growth area."

 Danny Wynn, Director, Platforms and Policy at Legal & General commented: "Last year our Offshore Bond saw record growth of 463%. We are also seeing increasing use of offshore investment plans as supplementary asset accumulation vehicles for retirement by HNW clients. 

 We are delighted to be working with 7IM and their clients.  It is a great opportunity to work with another strong platform to widen investment choice for our customers. 

 As we approach RDR we expect that our customers will increasingly want to access our products via platforms and visa versa."

Back to Index


Similar News to this Story

K3 Advisory completes buyin for Terex Pension Scheme
K3, part of Isio, has successfully led a buy-in transaction with Aviva for the Terex Pension Scheme - the UK subsidiary of Terex Corporation, a globa
Rates set for a cut next week with another before Christmas
The market expects UK interest rates to be cut from 4.25% to 4% next week. It’s also expecting one more cut by the end of the year, possibly in Novemb
Industry comments as IHT net spreads further still
Utmost Wealth Solutions and Just Group comment as more estates were pulled into the IHT net long before the Government’s changes to the IHT regime at

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.