Nucleus Offshore Bond
The Nucleus Offshore Bond is an investment-linked policy of insurance.
It’s provided by RL360 Insurance Company Limited (RL360), a third party bond provider, and can be set up as a capital redemption or a whole of life assurance policy.
The Offshore Bond allows a range of asset types to be held, complementing the portfolios of clients who hold a Nucleus SIPP, ISA or GIA.
Key features
With the Nucleus Offshore Bond, your clients can:
- open an Offshore Bond on behalf of an individual, company, charity or trust
- transfer payments of any amount, at any time, directly into the Offshore Bond (subject to a minimum initial deposit of £100,000)
- build capital growth in a tax efficient environment
- take single or regular withdrawals at any time
Our charges
This table shows our platform charge, which is based on the value of all assets in your client’s Nucleus products. Please refer to the product’s charges schedule for full details of our charges.
| Account charges | Amount | |
|---|---|---|
Platform charge - Based on the value of all assets in the Nucleus SIPP, ISA, GIA and Offshore Bond (excluding cash) An additional 0.15% p.a. charge applies to customers holding an Offshore Bond, based on the value of assets in the Offshore Bond only. All platform charges are payable monthly. | First £500,000 | 0.27% per year |
| Next £500,000 | 0.175% per year | |
| Over £1 million | 0.05% per year | |
Key literature
Take a look at the documents below to learn more about how our Nucleus Offshore Bond works:
These documents tell you more about how we operate:
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