The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Skipton International
Guernsey-headquartered offshore bank Skipton International has launched two new GBP Fixed Rate Bonds paying an offshore savings rate of 4.25 per cent annual equivalent rate (AER),. Savers can choose between bonds maturing on 16 November 2027 or 16 November 2028. Both bonds are available for deposits from £10,000 ($13,5000) to £5 million, the firm said in a statement.

“This launch strengthens our competitive offshore savings range, combining a competitive fixed return with the certainty savers value and the clear, personal service customers expect from Skipton International,” Aaron Walden, senior commercial manager at Skipton International, said.

“Savers are looking for both value and confidence in where they place their money. With a fixed rate of 4.25 per cent, customers can lock in a strong return and know exactly what their savings will earn over the term.”