Ascentric Offshore Bond

 

The Ascentric Offshore Bond is a single premium open architecture offshore bond providing investment flexibility and tax planning opportunities for individuals, trusts and corporate clients.

The Ascentric Offshore Bond holds 100% of the policyholder's assets on the platform, giving access to allowable investment funds and cash deposits and the benefits of our full online functionality. It also has the flexibility for you to appoint a Discretionary Fund Manager to manage your assets.

A bespoke illustration system is available and for tax planning purposes, draft trust documentation is available from Royal London 360° including their award-winning Discounted Gift Trust.

Features of the Ascentric Offshore Bond include:

  • Access to a full range of trusts including Royal London 360’s award winning Discounted Gift Trust (2010 and 2011 International Adviser International Life Awards)
  • Extensive range of funds and cash deposits
  • Income and gains are free of tax until encashment
  • Tax efficient income by withdrawing up to 5% of capital
  • Fund switches within platform are CGT free
  • Reassignment without triggering a disposal for CGT purposes
  • Tax reduced based time spent as a non-UK resident

Important information: The Ascentric Offshore Bond is only available to clients with an Ascentric Wrap account. Those without an existing account need to complete the Ascentric Client Application Form or Ascentric Trust/Charity/Corporate Application Form in order to set one up. Click here to access our library of application forms.

Hot Links

  • Ascentric Offshore Bond Fast Facts Download
  • Ascentric Offshore Bond Client Application Form Download
  • Ascentric Offshore Bond Guide to Investments Download
  • Ascentric Offshore Bond Key Features Download
  • Ascentric Offshore Bond Terms & Conditions Download
  • RL360 Trust Information Download

 

For more information please contact us on:

0845 602 9821

All the latest Ascentric news

  • MoneyMarketing 23/5/13

    Ascentric set to soft-launch white-label platform

    Ascentric is soft-launching its adviser self-direct white-label proposition with around 50 firms over the course of 2013.

    Read More

  • Citywire - 14/05/2013

    Ascentric's assets near £6bn as inflows soar in 2013

    Wrap platform Ascentric has enjoyed its best ever quarter with record inflows pushing assets under administration to nearly £6 billion

    Read More

  • IFAOnline - 23/04/2013

    Ascentric predicts re-registration ‘chaos’........

    Ascentric has become one of the first platforms to explicitly rule out lobbying for super-clean share classes.

    Read More

  • FTAdviser - 24/03/13

    Carmignac lists 10 funds on Ascentric

    French fund giant Carmignac Gestion has listed 10 funds on the Ascentric platform as it continues its push into the UK market.

    Read More

  • IFA Magazine 26/03/13

    Ascentric launches post-RDR guide

    Independent wrap platform Ascentric has launched a new guide, “Getting-fit for a post-RDR World”, which contains ideas to help adviser firms .....

    Read More

  • Citywire - 26/03/2013

    City Asset Management launches models on Ascentric

    Discretionary fund manager City Asset Management has launched a range of model portfolios on platform for the first time.....

    Read More

  • FTAdviser - 18/03/2013

    Adviser confidence surges as sector gets to grip.....

    Increasing client base and maintaining revenues chief concerns among surveyed advisers.

    Read More

  • FTAdviser - 20/02/2013

    Ascentric AUA jumps 27% as advisers flock to platform

    Independent wrap platform sees new arrivals more than double in 2012, pushing its AUA past £5bn.

    Read More

  • FT Adviser - 07/12/12

    Ascentric and IFDL hit £5bn AUM

    Independent wrap platform Ascentric and institutional arm IFDL have surpassed £5bn in assets under management, representing a 36 per cent increase since the beginning of 2012.

    Read More

  • MoneyMarketing - 30/11

    Ascentric teams with law firm to offer legal products

    Royal London-owned wrap Ascentric has partnered with Lex Futura to offer legal products through its platform aimed at protecting clients from incapacity and intestacy.

    Read More

  • MoneyMarketing - 20/11

    IFDL to power SimplyBiz's Verbatim platform

    SimplyBiz has chosen Investment Funds Direct Limited to power its Verbatim Product Centre platform.

    Read More

  • MoneyMarketing 9/11/12

    Ascentric Appoints Development Managers

    Ascentric has appointed HSBC regional IFA sales manager Matt Nelson as business development manager and Russell Investments regional director Lester

    Read More

  • MoneyMarketing 17/10

    Ascentric appoints proposition heads

    Ascentric has appointed Investment Funds Direct Limited head of client services Philip Gilder as head of proposition delivery and HSBC senior proposition development manager Jason Owen as head of propositions development.

    Read More

  • Citywire - 08/10/12

    Ascentric looks to avoid adviser charging tax pitfall

    Ascentric is looking into allowing clients to pay adviser charging for investment bonds through a general investment account on its wrap platform

    Read More

  • FT Adviser - 01/10/12

    Ascentric to turn off commission on legacy sales....

    Client approval will be needed for all charges, including changes to an existing arrangement.

    Read More

  • FT Adviser - 23/07/12

    Ascentric adds London to RDR-ready workshop

    The workshops, entitled ‘transitioning your business’, have proved a big success, according to Mr Morrow. The new workshop will be held in London on 24 July and will last three and a half hours.

    Read More

  • MoneyMarketing 29/6/12

    Ascentric: No logic to the cash rebate ban

    Ascentric chief executive Hugo Thorman argues the FSA is wrong to impose a ban on cash rebates.

    Read More

  • FT Adviser - 20/06/12

    Ascentric workshop series focus on RDR

    Independent wrap platform Ascentric has set up a series of half-day workshops for firms working towards being fully retail distribution review-ready

    Read More

  • FT Adviser - 31/05/12

    Ascentric speaks out on FSA outsourcing paper

    Platform voices its understanding of FSA’s guidance consultation on outsourced investment solutions.

    Read More

  • Citywire - 14/05/2012

    Ascentric launches offshore bond

    Wrap platform Ascentric has launched its own offshore bond, to be administered by Royal London 360°

    Read More

  • Citywire - 29/03/12

    Ascentric boosts Royal London results

    Royal London's wrap platform Ascentric has outperformed the insurance giant's other businesses with a 50% increase in assets under administration...

    Read More

  • IFAOnline - 24/03/2012

    Ascentric to hold adviser open days

    Platform Ascentric is to hold a series of open days for advisers to help them better understand the service.

    Read More

  • IFAOnline - 19/03/12

    Barclays launches model portfolios on Ascentric

    Barclays wealth and investment management business has launched a range of five risk-rated model portfolios

    Read More

  • IFAonline - 14/03/2012

    Ascentric assets top £4bn for first time

    Ascentric has broken the £4bn assets under administration (AUA) barrier as the Royal London-owned wrap nears 12 months of sustained profitability.

    Read More

  • IFAonline - 2/03/12

    Ascentric establishes IFA focus groups

    Ascentric is establishing a series of IFA focus groups to provide it with feedback on propositional and service developments. Read more: http://ww

    Read More

  • IFAonline - 7/02/12

    Ascentric welcomes 230 adviser firms as sales rise 8%

    Ascentric saw net new assets rise 8% in 2011 after 226 extra adviser firms signed up to the Royal London-owned Wrap.

    Read More

  • MoneyMarketing 9/01/12

    Ascentric appoints sales and marketing director

    Ascentric has appointed Mike Morrow as sales and marketing director.

    Read More

Awards

Adviser Service Award 2012
Open Architecture Award 2012

Announcements

  • 22/05/2013

    Press Release

    A record Q1 helps Ascentric and IFDL exceed £6bn AUA

    Read More

  • 24/03/2013

    Press Release

    Over 40% of funds on Ascentric already have clean share classes

    Read More

  • 26/03/2013

    Getting fit for a post-RDR world

    Find out how to order your copy of our new guide

    Read More

  • 18/03/2013

    Press Release

    Adviser confidence grows post-RDR

    Read More

  • 22/02/2013

    Press Release

    Focus on new technology vital for platforms as Ascentric assets grow

    Read More

  • 20/02/2013

    Press Release

    Ascentric and IFDL deliver strong growth in 2012

    Read More