Our product.

The International Portfolio Bond, is a life assurance policy offered by Legal & General International, that provides a tax-efficient way to hold a wide range of investments. It enables you to manage your tax liability and possibly even reduce it while allowing your investment to grow virtually tax-free* until you need it. If you're interested in investing for the medium to long term it offers you a number of potential advantages over similar investments in the UK. 

 

The International Portfolio Bond might be the right investment choice for you if:

• You have £50,000 or more to invest.
• You want a bond with no fixed term.
• You want a choice of currency denomination – British Pound, Euro or US dollar.
• You are looking for a bond that allows regular withdrawals in a tax-efficient way.
• You want access to a wide choice of assets from a range of investment managers and deposit account providers.
• You are looking for an investment that allows you to defer or reduce your personal liability to tax.
• You are looking for an investment that could also be used together with a trust to reduce your liability to inheritance tax.
• You are planning on permanent residence outside the UK.
• You are planning periods of temporary absence from the UK.

If you are interested in applying for our International Portfolio Bond you will need to speak to your Financial Adviser.  If you do not have an adviser and need help finding one, please use our find an IFA tool.

Important information 

The reasons given above are only some of the situations where our product would be a suitable investment solution. There are also situations where our product would not be a suitable investment option. This will depend on your individual circumstances, and your adviser can advise you on this.

The value of an investment in the International Portfolio Bond, and any income you take from it, can fall as well as rise, is not guaranteed and you may get back less than you invest. 

You can invest in the International Portfolio Bond for as long as you like as there is no fixed term to hold this Bond.  However, it is designed as an investment for the medium to long term of at least five years, ideally longer. 

The value of any tax advantages and tax treatment depends on individual circumstances, and may be subject to future change. 

* We do not pay any capital gains tax or income tax in Ireland on investments held on behalf of policyholders. Therefore, investment gains are allowed to accumulate free of these taxes. Some assets in the bond may be liable to a small level of withholding tax on dividends or other income. This tax is income tax deducted from dividends and other income from overseas based investments. It is deducted at source to ensure that it does not leave the country of origin without being taxed.

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