The Isle of Man-based life company, which is part of the UK’s Royal London Group, said discretionary management services had been added in direct response to IFA demand.
A ten-year establishment charge has also been created, on top of the existing five-year option.
Swiss franc, Hong Kong dollar and yen investment options have also been created, while online servicing means policy valuations and other information is available 24 hours a day for the first time through the company’s online IFA Centre. Product information is available on the firm’s microsite – www.royallondon360.com/pims.
The company has also re-launched its single premium portfolio bond product Choice, for the Hong Kong market.
An oversight programme by Hong Kong regulator the Securities & Futures Commission, through which companies had to ensure existing products met new marketing requirements, had necessitated the relaunch.
