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HSBC Pick Ascentric As Onshore Investment Bond Platform

Nick Parmee 26 October 2009

HSBC Pick Ascentric As Onshore Investment Bond Platform

HSBC in the UK has launched the HSBC Onshore Investment Bond - Ascentric exclusively on the independent wrap platform. The launch will offer advisors using Ascentric an open architecture bond as well as access to the service.

HSBC will use Ascentric’s whole of market access to investments and dealing functionality to power their proposition. All assets generated through the bond will be held on the platform.

The bond is aimed at clients who want a professionally managed whole of market solution for their investment portfolio.

It offers access to over 2,000 funds from across the market, with no set up costs and fund rebates credited to the client account.

There is a wide range of trust options available, including access to a discounted gift trust to support IHT planning, the only one available on a wrap platform.         

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