Parmenion is adding an offshore bond to its investment platform in a white-label venture with Isle o...
Parmenion is adding an offshore bond to its investment platform in a white-label venture with Isle of Man Assurance. The Parmenion Offshore Bond says its charges of 0.55% set up fee, with a minimum of £150 and 0.50% a year, a minimum of £125 make it a low-cost option for investing offshore. It has a minimum investment amount of £25,000. The bond is a standard whole of life unit-linked insurance policy, which allows multiple lives assured. Parmenion is offering a discretionary management service based on a mandate supplied by the adviser for an additional 0.30% a year. The investme...
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