Generali International has overhauled its flagship single premium investment bond, Choice.
Among the changes is a more flexible charging and commission structure, the raising of the maximum age entry to 75 and a reduction in the establishment charge once the accumulated investment has reached £75,000 or equivalent.
The company, which is domiciled in Guernsey and has operations in Ireland, has also added seven funds to those available through Choice, bringing the total to in excess of 100.
They are HSBC GIF Brazil Equity, Fidelity Euro Blue Chip, Fidelity Emerging Europe, Fidelity Middle East and Africa (EMEA), Blackrock New Energy, Aliquot Gold Bullion, M&G Global Basics and Martin Currie GF North America.
Nick Griffin, head of sales for Generali International, said: “We are enhancing the product to broaden its appeal.”
In addition to Choice, which was launched in 2005, Generali also offers a regular premium product called Vision. The company recently launched four offshore Guernsey trusts to complement the products.
It also offers a portfolio management service with six risk graded options so investors do not need to make their own fund selections.
