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Prudential Onshore Portfolio Bond - OWC

The Prudential Onshore Portfolio Bond - OWC combines the advantages of a wide choice of assets with the taxation and trust benefits of an onshore bond.

  • Comprehensive investment choice
  • Inheritance Tax planning options
  • Tax benefits of a bond

Key Information Document (KID)

If you invest in this product you should read our Key Information Document, relevant ‘Investment Option Document(s)’ or Fund Managers own Key Investor Information Document(s) as appropriate.  Please note that if the fund manager is not Prudential, you will need to source these documents from the fund manager directly. These include important information which may help you make up your mind.

MiFID II disclosure

As part of the Markets in Financial Instruments II Directive (MiFID II) we have provided disclosure documents related to this products.

View MiFID II documents 

  • Diversity and choice: A choice of investment options, with a range of asset classes.
  • Inheritance Tax planning options: A wide range of trust options available for use with the Prudential Onshore Bond.
  • Tax-efficient regular payments: Fixed regular payments without any immediate tax liability.
  • No tax liability on switching funds: Straightforward switching of funds which will not create a tax liability.
  • Easier to administer trust planning: Bonds can be transferred to trustees without triggering Income Tax charges.

Please remember that the value of investments can go down as well as up, and your client may not get back what they have paid in.

The Prudence Onshore Portfolio Bond - OWC (Off Wrap Contract) combines the advantage of a wide choice of assets with the taxation and trust benefits of an onshore bond.

With access to a wide range of investment choices, the Bond aims to increase the value of your client's investment over the medium to long-term (at least 5-10 years). 

It’s a single premium, whole of life insurance product, allowing your client to start their Bond with a single payment of £15,000. The minimum top-up payment is £2,500. Both limits are before the deduction of any Set-up Adviser Charge, if applicable. 

The Bond has no investment term and no exit charge if your clients decide to cash it in.

Download the Key Features Document (PDF) for more information.

The main charges will be:

  • Bond Charges
  • Asset Charges
  • Adviser Charges

For more information on the standard charges & costs deducted and where you can go to get further information please refer to the Product Charges.