The two single premium bonds, called Selection and Delegation, join Utmost’s existing Evolution and Estate Planning bonds, which are available through the group’s Isle of Man base.
The company said the new products offer advisers and their clients a high degree of investment flexibility and include a full discretionary management option.
The Axa Life Europe portfolio has been renamed Utmost Ireland and will trade under the Utmost Wealth Solutions brand.
UK commitment
Utmost Wealth Solutions’ chief executive, Mike Foy, said: “Following our successful rebrand last year, we have been concentrating on driving the business forward with a clear focus on meeting the needs of financial advisers and their clients.
“The addition of the Dublin open book to Utmost Wealth Solutions is a further demonstration of our commitment to the UK adviser market.”
Utmost Ireland chief executive, Alan Foley, added: “Utmost Wealth Solutions has ambitious growth plans and I look forward to Utmost Ireland playing a key role in that.
“The addition of our offshore bonds to the Utmost Wealth Solutions brand provides UK-based advisers with greater choice when assessing the most appropriate financial planning solutions for their clients, supported by Utmost Wealth Solutions’ technical expertise.”
Acquisition and rebrand
Axa Isle of Man was acquired by specialist M&A firm Life Company Consolidation Group (LCCG) in April 2016.
It was rebranded as Utmost Wealth Solutions in October, at which time it was announced that the company had entered into an agreement with Axa to acquire part of its Ireland business.
