A brand-new platform integrated Onshore Bond from Aviva
Great news!
Our new and improved Onshore Bond is arriving soon and it’s fully integrated with the Aviva Adviser Platform you already know and trust. This will give you and your clients a tax efficient wrapper with access to over 6,000 funds and models.
Bonds are becoming a much more important part of the tax planning and advice process, and this trend will only continue as recent changes to the tax regime start to impact clients’ wealth. More and more people will be subject to IHT, due to the extended freeze on the nil-rate band until 5 April, 2030. Inherited pensions will also factor into the calculation from April 2027. Meeting other tax demands will become a fact of life for more people, where once they were seen as the preserve of the very wealthy.
Al Ward, Head of Adviser Platform
The landscape is changing
Al also notes that “the recent budget saw increases in Capital Gains Tax rates following significant reductions in the CGT and dividend allowances over the last 2 years. This means that CGT demands will now impact more in the ‘mass affluent’ rather than High Net Worth bracket.”
And so, Bonds are back. In a big way. And are fast becoming the mainstream choice for tax and retirement planning. As more and more people face an IHT liability and many need to consider paying tax on investments for the first time. Our Onshore Bond could help ensure that money is held in the most tax efficient way and in trust to control how and when wealth is distributed.
Making it easier for you
We’ve listened to your feedback over time to make sure that the bond meets your needs as well as your clients. We‘ve integrated our new Onshore Bond with the Aviva Adviser Platform which means you’ll have a one stop shop for all your client reporting and the other platform functionality that you are already familiar with. You’ll have a clear overview of your client’s full portfolio in one place; and the option to quote, apply and withdraw online. And, for those that want complete flexibility, a comprehensive range of trusts will also be available, including a Discounted Gift Trust, Bare and Loan trusts.
The Onshore Bond replaces the off platform Select Investment Growth and Income Option Bond and marks the next step in Aviva’s platform streamlining programme. Plus, if you need some additional support, we’ve got you covered. Our Technical Hub is jam packed with CPD accredited articles & videos for any of you that might need a knowledge refresh.
What are the charges?
The Aviva charge for the Onshore Bond is the same as our ISA and investment portfolios, with our standard charge of 0.25% on a combined value up to £400,000 and 0.15% for anything above this threshold. The value will take into account any money held across the Aviva Platform products.
Support Documentation
To help you understand more about the Onshore Bond, you can find further information in our Onshore Bond at a glance document.
You can also find answers to your frequently asked questions here.
For further queries please get in touch with your usual Aviva contact.