The offer applies to new Royal Skandia applications with premiums of £200,000 or more, where one of its trusts is used.
According to a poll of 330 financial advisers by Skandia International, Royal Skandia’s parent company, most IFAs (56%) use trusts for inheritance tax (IHT) planning. More than two-fifths of those polled also use them for “asset protection purposes”. As International Adviser reported in July, the survey results prompted Royal Skandia to launch a limited liability loan trust.
Skandia International comprises Royal Skandia, Skandia Life Ireland and Old Mutual International, all of which are cross-border product manufacturers. Isle of Man-based Royal Skandia offers tax-efficient investment products to expatriates and international investors.
